Transition To Retirement (TTR)
If you’re over 55 and still working, we could save you thousands.
Many Australians are now deciding to Transition into Retirement (TTR) by continuing to work at a lesser capacity on a casual or part time basis.
To assist in this, the Government has implemented Superannuation rules to allow you to have access to some of your Superannuation while you are still working.
If you are around the age of 55 and you would like to:
- Reduce the amount of tax that you pay,
- Increase your Superannuation Contributions, and
- Do this without reducing your income
Contact us to arrange a free no obligation meeting with one of our Financial Advisers.
Want to help your kids buy property? Here’s how.
The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We have explained some options below: 1) Family / Security Guarantee If your child does not have enough security / deposit for a mortgage, you could provide a...
read more“Thrive Financial Services has gone beyond expectation in helping us with our superannuation as we approach retirement. The advice given by Mark Moller has certainly put us on the right track and we are now in a much better financial position. Thank you Thrivefs.”
Gregg and Karen N
Single Touch Payroll – Now Mandatory for all Employers
Payroll is a necessary task that all businesses must address on a regular basis, either weekly, fortnightly or monthly. As of 1 July 2018, the Australian government changed the way employers (with 20 or more employees) reported their employees’ tax and super...
read more