Coronavirus Super withdrawal implications – the hangover that could last the rest of your life

While I don’t disagree with the Australian government’s decision to allow people to take out $10,000 one year and $10,000 the next due to Covid-19 – I do not view it as a lifeline. I view it as having a massive night out – but the hangover could last the rest of your life.
Cancelling GST & transferring car out of entity
If you are expecting to earn less than $75,000 in the next 12 months (i.e. $6,250 or less this month and $6,250 for the next 11 months), then you could deregister for GST. (Note if you are expecting to be more than this then you should register if you haven’t already). The 4 minute […]