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June edition - The Police Association Victoria

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<strong>The</strong>re is a<br />

place for law<br />

CRICOS Provider: Monash University 00008C<br />

Postgraduate Law – Monash Law Chambers, CBD, Melbourne<br />

www.law.monash.edu.au/postgraduate<br />

Act now before the end of financial year.<br />

Whatever stage you are at in life, the end of the financial year is the perfect time to<br />

evaluate your situation and make the most of the tax advantages available to you.<br />

If you are an ESSSuper member, you have the opportunity to contribute extra 1 .<br />

And if you contribute before <strong>June</strong> 30, you may be eligible for rebates and deductions<br />

in your upcoming tax return.<br />

Three ways to top up your super before tax time:<br />

Put aside more from your pay packet – contribute to super by salary sacrifice and<br />

you may only have to pay 15% tax on those contributions.<br />

Make a spouse contribution – contribute up to $3,000 on behalf of your low-income<br />

or non-working spouse and you may be eligible for a tax rebate of up to $540 2 .<br />

Capitalise on co-contributions – make an after-tax super contribution and the<br />

Government may match what you put away by up to $1,000 3 .<br />

ESS2674_(04/11)_HP_TPAJ<br />

Tax time’s the perfect<br />

time to add to your<br />

super strength<br />

Take stock of your super situation today.<br />

Start by evaluating your current super balance via the secure Members Online area at<br />

www.esssuper.com.au and take action now, so you don’t have to worry in later years.<br />

For more information visit www.esssuper.com.au or call 1300 650 161<br />

to book an appointment with a Member Education Consultant.<br />

1 Contribution cap limits apply and tax deductions will be assessed<br />

by the ATO (www.ato.gov.au).<br />

2 Paid into an existing or new Accumulation Plan account.<br />

3 Provided you earn less than $61,920.<br />

Before making a decision about an ESSSuper product or service you<br />

should consider our Product Disclosure Statement (PDS), available<br />

at www.esssuper.com.au or by calling our Member Contact Centre,<br />

and the appropriateness of the product to your personal objectives,<br />

financial situation and needs. It may also be beneficial to seek<br />

professional advice from a licensed financial planner or adviser.<br />

Issued by Emergency Services Superannuation Board ABN 28 161 296<br />

741 the Trustee of the Emergency Services Superannuation Scheme<br />

ABN 89 894 637 037 (ESSSuper).<br />

Proudly serving our members

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