RetireInvest Alderley
- Phone07 3356 0085
- Fax07 3356 0096
- EmailEmail us
- AddressNewmarket Place
76 Enoggera Road
NEWMARKET 4051 QLD
What's new?
Bert's Tiger Moth Flight
You have heard of those magnificent men in their flying machines, well Bert has joined their ranks!
On a sunny Sunday morning in June, Bert took to the skies over Redcliffe in a classic red tiger moth for a half hour joy flight.
The smile is still on his face!
Well done Bert!
Upcoming Seminars
Self-funded Retirees
Did you know that without proper advice you may be missing out on a comfortable retirement income. This seminar discusses various ways to maximise your Age Pension entitlement for people with over $200,000 of investments or superannuation.
Dates & Times:
Wednesday 18 July 10am & 6pm
Wednesday 8th August 10am & 6pm
FOR YOUR INTEREST
Welcome to our latest edition of For Your Interest.
New Income Tax Rates which reduce tax paid on incomes between $25,000 and $30,000 by 15% are now in place.
Changes affecting age pensioners will occur on 20th September 2007. These changes affect all clients who receive a part age pension determined by the Centrelink assets test. For those clients who do not receive an age pension but are over age 65, you may be eligible for a part age pension after this date. Centrelink are now accepting applications for age pension for clients in this situation. We will be holding seminars later in the year explaining these changes. Please call us if you would like to register your interest in attending.
This financial year also sees the introduction of new rules relating to contributions to superannuation. Clients under age 65 may contribute up to $150,000 per year as an undeducted contribution or $450,000 within any 3 year period.
For all clients who are 60 years of age or older with an allocated pension, you will not be required to include income received after 1st July 2007 on your tax return. This income is now completely tax free.
We are pleased to announce that our office can now assist you with arranging a mortgage or reverse mortgage. We would be delighted if you could keep us in mind when a family member or friend is seeking finance either to purchase or refinance a property or when retired people you know may want to access a portion of the equity in their home.
Making the best of the Budget
by Bert Dugdale
Although this year’s Federal Budget did not have the same impact on financial planning matters as last year’s Budget, there are still some important things to be aware of.
Maximise age pension entitlements by using Centrelink-friendly pensions
by Ian Siemon
Under the 2006 Budget changes, the Centrelink assets test exemption for complying income streams will disappear from 20 September 2007.
Can you rule from the grave?
by Bert Dugdale
It’s only natural to worry about your children and others who rely upon you. Whilst you are alive, you have control – but what happens when you die? Will your bequests be wasted? Will the tax man get more than his share? Will your dependents really benefit?