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    High Earners Opt-out of Super...

    High Earners Opt-out of Super...

    Individuals with high incomes will have the options to opt-out of receiving certain super guarantee amounts from July 1, 2018. Under proposed Legislation, employees earning in excess of $263,157 with multiple employers will be able to receive additional cash from the second employer in lieu of the SG entitlements. This cash will prevent inadvertent breaches of the super contribution rules, which means you get to keep the money in your pocket and not pay any penalty rates for

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    ©2021 BY HM FINANCIAL PARTNERS

    Financial services are provided to you by HM Financial Partners is an Authorised Representative (#473019) of Sentry Financial Services Pty Ltd (AFSL 286786).

    Tax & accounting services are provided to you by HM Business Partners.

    Property services are provided by HM Property Partners.

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    Warning: The information contained herein is of a general nature only and does not constitute advice. You should not act on any information without considering your personal needs, circumstances and objectives. We recommend you obtain professional financial advice specific to your circumstances. You should read any relevant Product Disclosure Statements before making an investment decision.
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