May/June 2011 eNewsletterWe can’t believe that it is that time of year already! The end of the financial year is just around the corner and with this in mind several of the articles attached include valuable information, checklists and considerations to ensure you don't miss out on any opportunities or tax savings that may be available to you. We have included an article which highlights the various types of Superannuation contributions you can make and importantly the contribution limits. This is particularly relevant with the penalties associated with excess contributions which have gained much media attention lately. Also featured is an End Of Financial Year checklist which should provide you with a quick reckoner to ensure you are prepared for tax time. Despite the overwhelming reports that this year's budget announcement was 'as expected' and did not include any surprises, there are still important points to note. With this in mind, we have included a link to the budget summary highlighting the major announcements. If you have any questions from any of the articles in this newsletter or would like to review your current situation before the end of the financial year, please contact us. Enjoy! |
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It is important to be aware of the various Superannuation contribution types and most importantly their contribution limits. Below is a summary of each with limits for the 2011-12 financial year.
A RETIREMENT WORTH WAITING FOR.... We are holding a MUST-SEE presentation if you are over 55 and considering your retirement. Places are very limited, however registrations are still open: Date: Tuesday 7th June Time: 6.00pm - 8.00pm Venue: Orange Ex-Services Club, Morseby Room RSVP: kate@centralwestfinancialsolutions.com.au or (02) 6363 1700 |
