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Month: October 2021

Home 2021 October

Tax implications for the Early Release of Super under Compassionate Grounds

October 5, 2021admin

Tax implications? If you’re aged under 60, the amount released under compassionate grounds will be taxed between 17% and 22%. The lump-sum paid will usually be made up of taxable and non-taxable components. However, if you’re over 60, the early…

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    Important Disclaimer:
    This information is general in nature and doesn’t constitute financial or medical advice. Compassionate release eligibility is determined solely by the Australian Taxation Office based on individual circumstances and medical evidence. Success in previous applications doesn’t guarantee future approvals. We recommend consulting with qualified financial and medical professionals before making decisions about accessing your superannuation.

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    Google Rating
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    Access My Super
    Access My Super
    4.9
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    Karen Champion
    Karen Champion
    16h ago
    Rachael was amazing, the process was relatively easy 😁
    Chantelle Spina
    Chantelle Spina
    a day ago
    Kim was a pleasure to deal with, making a very hard time a little bit easier and ensuring everything went as smooth as possible. Highly recommended!
    Adam Jones
    Adam Jones
    a day ago
    Access My Super were very helpful in getting all the relevant documents in order for the ATO and helped with submitting forms to my super fund. Thankyou. Highly Recommended
    Nicky Cordin
    Nicky Cordin
    a day ago
    Kim was fantastic, she was fast and efficient and made everything really easy. She made what is already a difficult journey a lot easier!
    Jess McC
    Jess McC
    2 days ago
    Access My Super has helped me so much and I am so grateful for their support and stress free service.Huge thank you to Razia and Kylee for helping me.
    Georga
    Georga
    2 days ago
    Was such an easy and pleasant service! Would highly recommend spending the money for a peace of mind leaving it with the professionals
    Mel Studzinski
    Mel Studzinski
    3 days ago
    Love these guys - They do everything possible to get you up and running
    Natalia Ivanovski
    Natalia Ivanovski
    3 days ago
    Razia was amazing she made the whole process so easy and took all the pressure off to allow us to deal with other details. The compassion shown was amazing, thank you so much
    Francene Young
    Francene Young
    3 days ago
    Holly Hibbert
    Holly Hibbert
    3 days ago
    Made the whole process simple. Did everything for me
    Tracey Conlon
    Tracey Conlon
    3 days ago
    Great customer service, very friendly and helpful.
    Cathy Rowe
    Cathy Rowe
    4 days ago
    Kim was fabulous, putting you at ease on the first phone call.Keeping you up to date with emails and explaining step by step as well.Took all the stress out of the application
    Steve Eiby
    Steve Eiby
    6 days ago
    Very efficient and easy to deal with. Thank you very much for helping us
    R Connell
    R Connell
    6 days ago
    The whole process was made so easy. Tara, my case manager was exceptional! Even when I could not get phone service due to living rural, she corresponded via messages and email until my questions were answered. Tara was prompt, pleasant to deal with and made everything so simple. I have already recommended your service to a colleague and will continue to recommend. Thank you for assisting me in getting my new pain free smile :)
    Stuart Whitby
    Stuart Whitby
    6 days ago
    Tanya Rose
    Tanya Rose
    6 days ago
    Great service!, the team at Access My Super made everything so easy which was great because I had no idea what to do. They followed up regularly but not to the point of being annoying. And they were very attentive when I finally decided to upload the super forms and the approval from the tax department. Job well done, 5 stars.
    Tania List
    Tania List
    6 days ago
    Kylee was absolutely amazing, no question was too big or too small. Would 100% recommend Access My Super 👍
    Brian Purvis
    Brian Purvis
    7 days ago
    Had great news today government has released early super to fix my teeth almost put tears to my eyes just got away for the job now thank you to the guys who helped me get the funds absolute Legends
    Nicholas Black
    Nicholas Black
    7 days ago
    Prompt service very helpful now I have new teeth and no pain very grateful
    A Google User
    A Google User
    7 days ago
    Shannon Jull
    Shannon Jull
    7 days ago
    Just wanted to give a massive shout out to Razia, my consultant at Access My Super. Razia was excellent at keeping me updated on my progress, especially when my clinic/hospital were being slow at producing my estimate invoices. Will definitely be using her services again if necessary. Thanks Raz!
    Kathleen Jones
    Kathleen Jones
    7 days ago
    Access My Super took what I thought would be a difficult process into their hands and efficiently and effectively took the stress from me. Very helpful and timely work completed . Would absolutely use this service again.
    Jason Cusack
    Jason Cusack
    7 days ago
    Lucinda Gear
    Lucinda Gear
    7 days ago
    The whole process of accessing my super was really smooth the team were fantastic in guiding me through it and it was so much easier then l thought it would be. Thankyou for helping me change my life.
    chevross454 chev
    chevross454 chev
    7 days ago
    Excellent customer service by Lisa my experience was easy and straight forward Access my super handled everything for me . The follow ups are highly valued and appreciated . Thankyou for your help .
    jatender singh Dhillon
    jatender singh Dhillon
    7 days ago
    Jessica Mifsud
    Jessica Mifsud
    7 days ago
    SuperEasy with accessmySuper, excellent service. Well worth it!
    Abdu Saeed
    Abdu Saeed
    7 days ago
    It is great job I had good experience
    Adrian D
    Adrian D
    7 days ago
    The team at Access My Super were friendly, knowledgeable and patient with me as a shift worker who isn't always available during normal business hours. Heide made the whole process very simple and explained everything every step of the way. Thank you!
    Molly Winslade
    Molly Winslade
    7 days ago
    Tez Herrera
    Tez Herrera
    7 days ago
    Very smooth process with a helpful assistant.
    David Grace & Injustice
    David Grace & Injustice
    7 days ago
    Was well worth paying Access my SuperTo do all the paperwork and leg work for me I will be recommending them to everyone thanks so much to Jody easy to deal thanks again ❤️
    Brinskeee
    Brinskeee
    7 days ago
    Thank you so much for your help in accessing my super for my dental work :) Easy and stress free process with great communication and care. Thank you again!
    Sasha Avolio
    Sasha Avolio
    7 days ago
    Great easy process with a great team. 😊
    Yanbu Locop
    Yanbu Locop
    7 days ago
    Highly recommended.. Tara was very helpful, She helped me all the way through the whole process until I got funded with my super.
    Adrian Tonks
    Adrian Tonks
    7 days ago
    Couldn't recommend a.m.s.enough..makes the world of difference having them in your corner,, very reasonable fee,,value for money,,my agent,,Kylee,,went above n beyond,,on many occasions, without her,,wouldn't even attempt it,, putting up with me wasn't easy,,all staff o spoke with,,were fantastic,, very big THANKYOU,..so grateful
    Yazid Chebboub
    Yazid Chebboub
    7 days ago
    Tessa Beale
    Tessa Beale
    7 days ago
    Mai Cao
    Mai Cao
    7 days ago
    Thank you for all your time that help me to release my super with out any hassle.. appreciate so much
    Peter Backshall
    Peter Backshall
    8 days ago
    Could not be happier with the service and kindness shown to me. Lovely people.
    Jenny Raymond
    Jenny Raymond
    8 days ago
    I just want to say that Heide was absolutely amazing to deal with and the support and guidance she gave us, to help with accessing our Super couldn’t have been anymore easier.What an absolutely beautiful person👌😁❤️
    Chris Green
    Chris Green
    8 days ago
    Absolutely brilliant service, could not have done it without them an honest spot on service which is sooo rare nowadays “
    Selorm Kwame Leh
    Selorm Kwame Leh
    8 days ago
    Tara was exceptionally helpful through the process. Highly recommended
    Nicoline Du Plessis
    Nicoline Du Plessis
    8 days ago
    Tara, was unbelievable, so friendly and made my journey so much easy, I cany praise her enough, awesome work thank you so much, Jamie
    corn corncorn
    corn corncorn
    8 days ago
    I wouldn't have got my super out of they helped me.
    Liz Ramsay
    Liz Ramsay
    8 days ago
    Best money spent. Made journey easy quick and super simple. 👌
    DJ BIG UP (DEEJAY BIG UP)
    DJ BIG UP (DEEJAY BIG UP)
    8 days ago
    Geoffrey Wilcox
    Geoffrey Wilcox
    8 days ago
    Very happy with how kylee Mochrie from Access My Super has dealt with my case . Definitely 10/10 for this lady . I am now getting my teeth done .😁
    E.Clarke
    E.Clarke
    8 days ago
    Very helpful all through the process. Kylee was awesome at her job and got any issue's sorted. Highly Recommended
    Michael
    Michael
    8 days ago
    That were great. Made sure everything was done correctly and quickly.
    powered by Google
    Google Rating
    4.9
    Based on 937 reviews
    ×
    js_loader
    Access My Super
    Access My Super
    4.9
    review us onSee all reviews
    Karen Champion
    Karen Champion
    16h ago
    Rachael was amazing, the process was relatively easy 😁
    Chantelle Spina
    Chantelle Spina
    a day ago
    Kim was a pleasure to deal with, making a very hard time a little bit easier and ensuring everything went as smooth as possible. Highly recommended!
    Adam Jones
    Adam Jones
    a day ago
    Access My Super were very helpful in getting all the relevant documents in order for the ATO and helped with submitting forms to my super fund. Thankyou. Highly Recommended
    Nicky Cordin
    Nicky Cordin
    a day ago
    Kim was fantastic, she was fast and efficient and made everything really easy. She made what is already a difficult journey a lot easier!
    Jess McC
    Jess McC
    2 days ago
    Access My Super has helped me so much and I am so grateful for their support and stress free service.Huge thank you to Razia and Kylee for helping me.
    Georga
    Georga
    2 days ago
    Was such an easy and pleasant service! Would highly recommend spending the money for a peace of mind leaving it with the professionals
    Mel Studzinski
    Mel Studzinski
    3 days ago
    Love these guys - They do everything possible to get you up and running
    Natalia Ivanovski
    Natalia Ivanovski
    3 days ago
    Razia was amazing she made the whole process so easy and took all the pressure off to allow us to deal with other details. The compassion shown was amazing, thank you so much
    Francene Young
    Francene Young
    3 days ago
    Holly Hibbert
    Holly Hibbert
    3 days ago
    Made the whole process simple. Did everything for me
    Tracey Conlon
    Tracey Conlon
    3 days ago
    Great customer service, very friendly and helpful.
    Cathy Rowe
    Cathy Rowe
    4 days ago
    Kim was fabulous, putting you at ease on the first phone call.Keeping you up to date with emails and explaining step by step as well.Took all the stress out of the application
    Steve Eiby
    Steve Eiby
    6 days ago
    Very efficient and easy to deal with. Thank you very much for helping us
    R Connell
    R Connell
    6 days ago
    The whole process was made so easy. Tara, my case manager was exceptional! Even when I could not get phone service due to living rural, she corresponded via messages and email until my questions were answered. Tara was prompt, pleasant to deal with and made everything so simple. I have already recommended your service to a colleague and will continue to recommend. Thank you for assisting me in getting my new pain free smile :)
    Stuart Whitby
    Stuart Whitby
    6 days ago
    Tanya Rose
    Tanya Rose
    6 days ago
    Great service!, the team at Access My Super made everything so easy which was great because I had no idea what to do. They followed up regularly but not to the point of being annoying. And they were very attentive when I finally decided to upload the super forms and the approval from the tax department. Job well done, 5 stars.
    Tania List
    Tania List
    6 days ago
    Kylee was absolutely amazing, no question was too big or too small. Would 100% recommend Access My Super 👍
    Brian Purvis
    Brian Purvis
    7 days ago
    Had great news today government has released early super to fix my teeth almost put tears to my eyes just got away for the job now thank you to the guys who helped me get the funds absolute Legends
    Nicholas Black
    Nicholas Black
    7 days ago
    Prompt service very helpful now I have new teeth and no pain very grateful
    A Google User
    A Google User
    7 days ago
    Shannon Jull
    Shannon Jull
    7 days ago
    Just wanted to give a massive shout out to Razia, my consultant at Access My Super. Razia was excellent at keeping me updated on my progress, especially when my clinic/hospital were being slow at producing my estimate invoices. Will definitely be using her services again if necessary. Thanks Raz!
    Kathleen Jones
    Kathleen Jones
    7 days ago
    Access My Super took what I thought would be a difficult process into their hands and efficiently and effectively took the stress from me. Very helpful and timely work completed . Would absolutely use this service again.
    Jason Cusack
    Jason Cusack
    7 days ago
    Lucinda Gear
    Lucinda Gear
    7 days ago
    The whole process of accessing my super was really smooth the team were fantastic in guiding me through it and it was so much easier then l thought it would be. Thankyou for helping me change my life.
    chevross454 chev
    chevross454 chev
    7 days ago
    Excellent customer service by Lisa my experience was easy and straight forward Access my super handled everything for me . The follow ups are highly valued and appreciated . Thankyou for your help .
    jatender singh Dhillon
    jatender singh Dhillon
    7 days ago
    Jessica Mifsud
    Jessica Mifsud
    7 days ago
    SuperEasy with accessmySuper, excellent service. Well worth it!
    Abdu Saeed
    Abdu Saeed
    7 days ago
    It is great job I had good experience
    Adrian D
    Adrian D
    7 days ago
    The team at Access My Super were friendly, knowledgeable and patient with me as a shift worker who isn't always available during normal business hours. Heide made the whole process very simple and explained everything every step of the way. Thank you!
    Molly Winslade
    Molly Winslade
    7 days ago
    Tez Herrera
    Tez Herrera
    7 days ago
    Very smooth process with a helpful assistant.
    David Grace & Injustice
    David Grace & Injustice
    7 days ago
    Was well worth paying Access my SuperTo do all the paperwork and leg work for me I will be recommending them to everyone thanks so much to Jody easy to deal thanks again ❤️
    Brinskeee
    Brinskeee
    7 days ago
    Thank you so much for your help in accessing my super for my dental work :) Easy and stress free process with great communication and care. Thank you again!
    Sasha Avolio
    Sasha Avolio
    7 days ago
    Great easy process with a great team. 😊
    Yanbu Locop
    Yanbu Locop
    7 days ago
    Highly recommended.. Tara was very helpful, She helped me all the way through the whole process until I got funded with my super.
    Adrian Tonks
    Adrian Tonks
    7 days ago
    Couldn't recommend a.m.s.enough..makes the world of difference having them in your corner,, very reasonable fee,,value for money,,my agent,,Kylee,,went above n beyond,,on many occasions, without her,,wouldn't even attempt it,, putting up with me wasn't easy,,all staff o spoke with,,were fantastic,, very big THANKYOU,..so grateful
    Yazid Chebboub
    Yazid Chebboub
    7 days ago
    Tessa Beale
    Tessa Beale
    7 days ago
    Mai Cao
    Mai Cao
    7 days ago
    Thank you for all your time that help me to release my super with out any hassle.. appreciate so much
    Peter Backshall
    Peter Backshall
    8 days ago
    Could not be happier with the service and kindness shown to me. Lovely people.
    Jenny Raymond
    Jenny Raymond
    8 days ago
    I just want to say that Heide was absolutely amazing to deal with and the support and guidance she gave us, to help with accessing our Super couldn’t have been anymore easier.What an absolutely beautiful person👌😁❤️
    Chris Green
    Chris Green
    8 days ago
    Absolutely brilliant service, could not have done it without them an honest spot on service which is sooo rare nowadays “
    Selorm Kwame Leh
    Selorm Kwame Leh
    8 days ago
    Tara was exceptionally helpful through the process. Highly recommended
    Nicoline Du Plessis
    Nicoline Du Plessis
    8 days ago
    Tara, was unbelievable, so friendly and made my journey so much easy, I cany praise her enough, awesome work thank you so much, Jamie
    corn corncorn
    corn corncorn
    8 days ago
    I wouldn't have got my super out of they helped me.
    Liz Ramsay
    Liz Ramsay
    8 days ago
    Best money spent. Made journey easy quick and super simple. 👌
    DJ BIG UP (DEEJAY BIG UP)
    DJ BIG UP (DEEJAY BIG UP)
    8 days ago
    Geoffrey Wilcox
    Geoffrey Wilcox
    8 days ago
    Very happy with how kylee Mochrie from Access My Super has dealt with my case . Definitely 10/10 for this lady . I am now getting my teeth done .😁
    E.Clarke
    E.Clarke
    8 days ago
    Very helpful all through the process. Kylee was awesome at her job and got any issue's sorted. Highly Recommended
    Michael
    Michael
    8 days ago
    That were great. Made sure everything was done correctly and quickly.
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