Wed Nov 02, 2005
l) Old campaigns, actions & notices
Superannuation income splitting
This call-to-action comes from the ACT's LGBT action group, Good ProcessThe Dept of Treasury released a draft of regulations for the Super Contributions Splitting and invited comments from interested parties by Friday 11 November 2005.
Super Contributions Splitting will allow couples to re-allocate the money paid into super from their employer, salary sacrifice or personal ‘undeducted’ contributions, into their spouse’s account after the end of the financial year. Super Contributions Splitting will be extremely valuable to some couples, providing an opportunity for couples to build up their superannuation more tax effectively.
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