First published 2011 by Wrightbooks
an imprint of John Wiley & Sons Australia, Ltd
42 McDougall Street, Milton Qld 4064
Office also in Melbourne
Typeset in Adobe Garamond 12.5/15.5pt
© Jimmy B. Prince 2011
The moral rights of the author have been asserted
National Library of Australia Cataloguing-in-Publication entry
Author: Prince, Jimmy B.
Title: Superannuation and taxation: a practical guide to saving tax on your super or SMSF / Jimmy B. Prince.
ISBN: 9780730376750 (pbk.)
Notes: Includes index.
Subjects: Pensions — Taxation — Australia.
Pension trusts — Taxation — Australia.
Saving and investment — Australia.
Dewey Number: 331.2520994
All rights reserved. Except as permitted under the Australian Copyright Act 1968 (for example, a fair dealing for the purposes of study, research, criticism or review), no part of this book may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without prior written permission. All inquiries should be made to the publisher at the address above.
Cover image ($100 note) © iStockphoto.com/robynmac
Tables 8.1 and 8.2 © Australian Taxation Office. The ATO material included in this publication was current at the time of publishing. Readers should refer to the ATO website <www.ato.gov.au> for up-to-date ATO information. All extracts taken from Australian Acts of Law © Commonwealth of Australia 2011. All legislation herein is reproduced by permission but does not purport to be the official or authorised version. It is subject to Commonwealth of Australia copyright. The Copyright Act 1968 permits certain reproduction and publication of Commonwealth legislation and judgements. In particular, section 182A of the Act enables a complete copy to be made by or on behalf of a particular person. For reproduction or publication beyond that permitted by the Act, permission should be sought in writing. Requests should be addressed to Commonwealth Copyright Administration, Attorney-General’s Department, Robert Garran Offices, National Circuit, Bardon, ACT 2600, or posted at http://www.ag.gov.au/cca.
Printed in Australia by Ligare Book Printer
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Disclaimer
The material in this publication is of the nature of general comment only, and does not represent professional advice. It is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Readers should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based upon the information in this publication.