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Showing posts from July, 2013

How to get your super released due to hardship

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If you have genuine hardship circumstances “ release of your superannuation” might be able to help you.After the GFC , most private and government institutions have a provision  to help out people in genuine hardship or  financial hardship. If you are drowning ion debt  and don't know where to go  its always good to check your options with  your financial or government institutions The one nest  that people often go to is “Superannuation” in australia as its their own money , but superannuation cannot be  just  released an there are certain factors  that you need to qualify for to release your superannuation How to get Your superannuation released for hardship ( or are you eligible for release of you superannuation) Below are the elegibility factors for you  being eligible  for you superannuation to be released to you SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 6.19A Release of super benefits on comp...

ATO releases new smartphone application

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Today the ATO released a new smartphone application, which offers a new way to interact  in relation to your tax and information about tax   The application has the following features: Tax withheld calculator which allows taxpayers to calculate basic tax payable and also links to a comprehensive tax calculator Tax time information, including frequently asked questions and links to further information on www.ato.gov.au Progress of return online search function which provides the status of a taxpayer’s 2012-13 income tax return. Tax rates for the 2012-2013 financial year   The application is free of charge and can be downloaded from www.ato.gov.au , iTunes or the Google Play store. The application is available on multiple platforms as below IOS 6.x IOS 5.x Android 4.2 Android 4.1 Android 2.3