Government Tags - Watkins Financial Services

On Tuesday 9 May 2017, the Treasurer, Scott Morrison, released the Government’s 2017-18 Budget. This year’s Budget won’t significantly impact retirees; however, there were plenty of changes announced that could affect you. For further information regardiContinue Reading...

On the 20th of November 2013 the Government introduced a Bill to Parliament to change how the income from a super fund pension is assessed. Currently anyone on the Age Pension and withdrawing an Income Stream from their super fund has this income stream concesContinue Reading...

The proposed Levy by the Gillard Government to tax superannuation funds in pension phase has been scrapped. The initial proposal was to introduce a 15% earnings tax on superannuation fund members who were in pension phase with earnings over $100,000. Wayne SwaContinue Reading...

Our recent article last chance to transfer shares into super is no longer relevant. The government on Wednesday the 29th of May 2013 decided to abandon the proposed off-market transfer of share into super. The key reasons for abandoning the proposed changes arContinue Reading...