Avoid Unnecessary Taxes By Understanding Superannuation Tax Components

Solve the mystery of how taxable and tax-free superannuation components work, why they are relevant and how you can alter them to reduce tax on your super.

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⏱ Timestamps
00:00 - Types of Tax Components
00:55 - Types of Tax Components
01:18 - How Tax Components Come About
03:04- Tax Components for a Pension
03:54 - Tax on Super Withdrawals
06:05 - Tax on Super Death Payouts

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*Avoid Unnecessary Taxes By Understanding Superannuation Tax Components*

Very few people understand the importance of superannuation tax components and how they affect the tax that you and your family pay.

For something that appears to be complex, superannuation tax components are actually a very simple concept. By understanding how superannuation tax components affect your tax, you can put in place strategies to convert taxable components into tax-free components, or at least maximise and preserve your tax-free components, so that you and your family pay less tax.

In this video, I’m going to explain the types of superannuation tax components, how tax components are created, tax components of a super income stream, and how tax is applied to each tax component on superannuation withdrawals and payments to family on your death.

#SuperGuy #ChrisStrano #Superannuation #RetirementPlanning

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General advice is provided by Toro Wealth Pty Ltd trading as SuperGuy Retirement Experts as an Authorised Representative of Core Value FA Pty Ltd (AFSL 480387).

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