BENDZULLA ACTUARIAL PTY LTD
CONSULTING ACTUARIES
GPO BOX 1181, HOBART, TASMANIA 7001. LEVEL 3, 33 SALAMANCA PLACE, HOBART, 7000
TELEPHONE 1800 203 123 FACSIMILE 1800 103 123
ABN 13 009 492 219
Return to Superannuation page.CONSULTING ACTUARIES
GPO BOX 1181, HOBART, TASMANIA 7001. LEVEL 3, 33 SALAMANCA PLACE, HOBART, 7000
TELEPHONE 1800 203 123 FACSIMILE 1800 103 123
ABN 13 009 492 219
SUPERANNUATION TAXATION INFORMATION
| ETP Lump Sum Tax Rates 2005/06 | ||
| Age | Taxed | Untaxed |
| Up to 55 | 20% | 30% |
| 55 or over: Up to $129,751 * | Nil | 15% |
| Excess over $129,751 | 15% | 30% |
* Rates shown apply to post-30 June 1983 components, and do not include the Medicare
levy of 1.5%. They assume a Tax File Number is supplied and the benefit is within
the member's Reasonable Benefit Limit.
HISTORICAL THRESHOLD FIGURES - POST 83 COMPONENT ETP
| Income Year | Threshold | Income Year | Threshold |
| 2006/2007 | $135,590 | 1996/1997 | $86,917 |
| 2005/2006 | $129,751 | 1995/1996 | $83,574 |
| 2004/2005 | $123,808 | 1994/1995 | $79,975 |
| 2003/2004 | $117,576 | 1993/1994 | $77,796 |
| 2002/2003 | $112,405 | 1992/1993 | $76,949 |
| 2001/2002 | $105,843 | 1991/1992 | $73,776 |
| 2000/2001 | $101,188 | 1990/1991 | $68,628 |
| 1999/2000 | $97,109 | 1989/1990 | $64,500 |
| 1998/1999 | $94,189 | 1988/1989 | $60,000 |
| 1997/1998 | $90,916 | 1987/1988 | $55,000 |
| Income Tax Rates | |||
| 1998/99 | From 1 July, 2000 | From 1 July, 2001 | |
| Complying Superannuation | 15% | 15% | 15% |
| Non-complying Superannuation | 47% | 47% | 47% |
| Company | 36% | 34% | 30% |
| Tax-free part of bona fide redundancy payments and approved early retirement scheme payments limits | ||
| Income year | Base limit | Per complete year of service |
| 2006/2007 | $6,783 | $3,392 |
| 2005/2006 | $6,491 | $3,246 |
| 2004/2005 | $6,194 | $3,097 |
| 2003/2004 | $5,882 | $2,941 |
| 2002/2003 | $5,623 | $2,812 |
| 2001/2002 | $5,295 | $2,648 |
| 2000/2001 | $5,062 | $2,531 |
| 1999/2000 | $4,858 | $2,429 |
| 1998/1999 | $4,712 | $2,356 |
| 1997/1998 | $4,548 | $2,274 |
| 1996/1997 | $4,348 | $2,174 |
| 1995/1996 | $4,180 | $2,090 |
| 1994/1995 | $4,000 | $2,000 |
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