Taxed on money that's already been taxed on 3 times its a joke
2025-03-19 23:39:34
3848
Chase101 :
Australia should be called TAXALIA
2025-03-20 01:25:58
1080
Mal B 🦘 :
want to avoid having your super taxed... use it before you die. It's a retirement fund, not a multi-generational wealth building fund.
2025-03-20 00:51:52
592
Lizzie :
Shouldn’t be taxed at all
2025-03-20 00:25:47
504
3ettleJu!c3 :
ATO is a joke. Providing for your children whether they’re children or adult should not be taxd regardless. It’s disgusting how the government wants to tax a dead person’s super fund
2025-03-20 08:20:11
343
Spew Biscuit :
rules are written only so the boomers benefit. No one else.
2025-03-20 00:46:03
135
Martorious :
What a joke this country has become
.
2025-03-20 05:40:04
196
tobiwonkinobi :
We get robbed our whole working lives and we just let it keep happening
2025-03-19 23:49:35
50
NuddaOzSteph🇦🇺 :
I put mine in my Will. No tax. Suggested by my financial adviser. 🤔
2025-03-20 03:52:30
13
NickyC :
The Australian ATO is the principal REVENUE COLLECTION AGENCY for the AUSTRALIAN GOVERNMENT.
STEALING FROM US EVERYWEEK AND ON EVERYTHING.
2025-03-20 06:19:26
86
🟠 🎃 :
So parents pay tax on their employee super contributions, then when children inherit, it gets taxed again? 😬
2025-03-20 09:59:30
23
RumHam :
crazy that something that's already been taxed once again gets taxed.
2025-03-19 23:50:26
23
Brian Grech795 :
There are caps per year how much you can put back in! Also you need to be eligible to put money back in at all to use the strategy
2025-03-19 22:16:55
14
andrew3putts :
Or do what my parents did. Take it out of their super into a bank account. Withdraw it as cash. Rent a safety deposit box with your dependents so they have access. Give the dependents key in will
2025-03-20 02:11:12
16
rr :
taxable tax tax, jesus
2025-03-19 23:55:06
6
MissB :
I was so “lucky” my mum knew to withdraw her super right before she died and converted it all to cash.
2025-03-20 00:36:32
28
Dolly Davis :
Far out it's a legal minefield, tax +tax+tax what highway robbery, Somebody find a Modern day Robin hood this is ridiculous 💯😎
2025-03-20 01:53:27
5
Jessicca Maniatakis :
I don’t believe this is fully right.. talk to a real professional first because this was not my experience at all.
2025-03-20 00:47:09
11
Artmospheric :
I hope they tighten up this loop hole. Tax paid to the ATO is not a “donation” as you put it, it’s the money that is required to provide the infrastructure and services our children are going to need for a prosperous future.
2025-03-20 11:38:08
14
nmdc :
Labor will bring in an inheritance tax on everything if they get in. they're importing votes that don't care about an inheritance tax
2025-03-19 23:53:25
120
T_w_o_f_e_e_t :
When is the ATO going to crack down on money being transferred Overseas? I know a couple of Indian business owners sending $10-15k a week.
2025-03-21 04:37:02
3
TriggerWarning :
Australian tax system is the biggest scam
2025-03-20 15:06:01
4
Jedsbeard :
I spent all mine so my kids don’t have to worry about that 🤣
2025-03-20 00:23:54
1
suzee1111 :
so the parent has to be 60 and over , before this can be set up. Is this correct ?
2025-03-20 04:49:23
1
Michelle is Happy :
Do people actually ask their parents to to this for THEM?! Not our money guys they shouldn’t care what happens to it after they pass. “Hey mum you’ll die soon can you sort your money out for me?”
2025-03-20 20:09:57
1
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