SAPTO Offsets and Thresholds for 2022-23
Maximum offset value for the year:
Cut off Threshold at annual income of:
From 20 September 2022, the Australian Age Pension will rise by $38.90 per fortnight, for the single person rate.
That results in an annual increase of 6.1% from September 2021.
The inflation rate to June 2022 according to the ABS was 6.1%.
The … Read the rest
A news headline that will annoy many retired people in Australia.
But…
There are some things wrong with that headline.
Not all retirees will get anything, you must be receiving the Centrelink Aged Pension to qualify.
You must still be working, you cannot be fully … Read the rest
From 20 March 2022, the Australian Age Pension will rise by $20.10 per fortnight, for the single person rate. That is a 3.66% increase from March 2021.
The Australian Aged Pension is revised in March and September (normally) each year, and … Read the rest
Most pensioners will receive their normal pension during short holidays outside Australia. However, anyone who is absent from Australia for a continuous period exceeding 6 weeks, will normally lose some of their pension.
The Australian Aged Pension is revised in March and September (normally) each year, and the September 2021 new Pension Rates have been released. This pension is paid Fortnightly.
The Age Pension recipients will increase by $14.80 a fortnight for singles, and … Read the rest
Australians getting the Aged Pension are allowed to earn a small amount each fortnight, without affecting the amount they receive as their pension.
The basic rule is that their pension is NOT affected if they receive under $178 per … Read the rest
The Australian Aged Pension is revised in March and September (normally) each year, and the March 2021 new Pension Rates have been released. This pension is paid Fortnightly.
The Age Pension recipients will increase by $8.40 a fortnight for singles, and … Read the rest
The Australian Aged Pension is revised in March and September each year, and the March 2020 new Pension Rates have been released. This pension is paid Fortnightly.
The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], … Read the rest
Most employees in Australia, whether full time, part time, casual, Permanent of Temporary resident, are entitled to compulsory superannuation (super) contributions from their employers.
This was brought in by the Labor government, (who held power between 11th July 1987 and 2nd March … Read the rest
