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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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    Tuesday 9am – 5pm
    Wednesday 9am – 5pm
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    Friday 9am – 5pm
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    Level 2/23 Foster St,
    Surry Hills NSW 2010,
    Australia
    1800 845 121
    (02) 9161 7000
    (02) 9161 7070

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    Google Rating
    4.9
    Based on 1024 reviews
    Access My Super
    Access My Super
    4.9
    review us onSee all reviews
    francis o'grady
    francis o'grady
    1764280960
    Lisa,my case manager was very helpful and understanding.She kept me up to date on all communications.Excellent service.
    Cal Wynston
    Cal Wynston
    1763937544
    Fantastic experience and was informed throughout the process. Got the outcome that I wanted and was successful in super release.
    Liberty Towner
    Liberty Towner
    1763705893
    Phenomenal team. I work closely with them every day through my dental clinic and I can not praise them high enough. They are so efficient, incredibly kind and friendly, and never let anything slip through the cracks. We have enquired about a different ERS company in the past to see if we can avoid the application fee for our patients, but the service at AMS is unmatched and we will never let them go. If you're a business looking to partner with an ERS company, stop looking, you've found them.
    Amanda Elis
    Amanda Elis
    1763616216
    The service of a senior consultant Kim was exceptional. Polite, courteous and prompt. Would highly recommend.
    Nicholas Kastrounis
    Nicholas Kastrounis
    1763539290
    Great serviceConsistent communication
    MJ Hayes
    MJ Hayes
    1763472030
    Lisa assisted me with all the necessary documents and made the whole process smooth and stress-free. Once everything was submitted, she kept me updated throughout my application, which gave me peace of mind.I highly recommmend Access My Super.
    Gaston Trussi
    Gaston Trussi
    1763465845
    Incredible and super efficient team. Skye went up and above to get things approve, without much intervention from me except from initial phone call.
    Calvin Munro
    Calvin Munro
    1763355639
    Kim was so helpful and organised the process was made so easy thank U
    Nicole Vaughan
    Nicole Vaughan
    1763351142
    I honestly have had the best service from Access My Super.So fast, so easy, absolutely no stress though this process. I was guided through each step and had constant support. highly recommend Access My Super.Access My Super ensured all the necessary documents were acquired, signed, sealed, and delivered to the ATO through MyGov account.Thank you.
    Lian PI
    Lian PI
    1763177924
    Belinda was extremely helpful and I had no issue getting access to my super. It was soo fast and effortless with the help of Belinda. I highly recommend their services.Thank you Belinda.
    Kim Cecil
    Kim Cecil
    1763088836
    So grateful, customer service was amazing!! The process was made so easy by my lovely consultant Tara.Thank you so much xx
    Peter Jackson
    Peter Jackson
    1763071339
    Access My Super, what a can l say, so professional, hassle free, they made my experience stress free and what a great job they did, to the team at Access My Super thank you!
    Mahmoud
    Mahmoud
    1762927646
    Sarah Perry
    Sarah Perry
    1762922915
    Sensational Team working for you and made the whole process stress free which has been such a relief. Thank-you all so much
    Stewart Sayers
    Stewart Sayers
    1762915829
    The service provided by Access my Super was too notch. Fast and concise assistance when contacted for advice. I highly recommend this.
    Kaylene
    Kaylene
    1762844244
    Sharon Taylor
    Sharon Taylor
    1762723534
    Kylie from Access My Super made the whole process of applying so easy. Very happy I used their service instead of trying to tackle it in my own.
    Tania Davis
    Tania Davis
    1762341400
    The process was fairly straightforward and the team was really helpful and patient with me. So glad I was able to access a portion of my super for medical reasons and not be judged for my procedure.
    Emma Koo
    Emma Koo
    1762240909
    Jodi has gone above and beyond to help me through this process.she made it easy for me to understand,and communicated in a professional and prompt manner-highly recommended!
    Cassie Purcell
    Cassie Purcell
    1762215807
    Kim made things so easy! Thankyou 👍
    Cheryl Toopi
    Cheryl Toopi
    1762146395
    Brad coulter
    Brad coulter
    1761889837
    Thank you they took all the hassle out and did all the liaising
    Ahmad Rifaie
    Ahmad Rifaie
    1761718908
    I want to express my sincere appreciation to Kim Trenerry for all her help throughout the process. She was professional, patient, and always went above and beyond to make sure everything was handled smoothly. Kim took the time to explain things clearly and kept me informed every step of the way, which made the entire experience stress-free and straightforward.
    Robyn Connor
    Robyn Connor
    1761250784
    Tara was such a pleasure to work with and explained the whole process clearly and with care. Application was quick and easy and thorough and her communication was second to none. Thank you for making it so simple and easy!
    Davis Tapim
    Davis Tapim
    1761201363
    The team was very patient with me during my delayed responses.They were also very helpful and supportive for their assistance via phone call..
    Jo Cowley - O'Shea
    Jo Cowley - O'Shea
    1761014902
    I found my Rep Kylee very professional and thorough, easy to talk to and covered all my concerns.Process was easy and highly recommended if one needs to access their Super.
    Jasmine Davies
    Jasmine Davies
    1760921701
    I am so pleased with the service i received from Access My Super! the process was seamless and my representative Lisa made any correspondence so easy! thanks team, very happy customer!
    Anne-marie Hegewald
    Anne-marie Hegewald
    1760913693
    So easy to do. Helped with every step along the way. Responded extremely quickly. I’m not sure I would have managed without them.
    Michael
    Michael
    1760670746
    THERES NO WAY YOU CAN PROCESS THIS ON YOUR OWN... TOO MANY LAYERS OF WORK.Lisa MADE LIFE SO EASY. ALWAYS RESPONSIVE AND PATIENT.AMAZING
    Jason Chaser
    Jason Chaser
    1760593980
    Andrew G
    Andrew G
    1760575241
    Tara made everything easy and knowledgeable about all the required steps through out the quality service.👍
    Gary Pattinson
    Gary Pattinson
    1760384657
    Kim provided a comprehensive service, doing most of what needed to be done, and guided me through the steps that I had to perform myself. It was a super easy process.
    Katrina Dundas
    Katrina Dundas
    1760356095
    I was sceptical in the beginning, worried about my privacy and just generally unsure. But needed costly dental work!!All that disappeared with one easy phone call , my consultant was brilliant in helping me to understand and obtain what was needed and assisted me through the process from start to finish.It was a pleasant experience that was pain and worry free. I highly recommend Access My Super if your considering early or compactionet release from your Super fund and need it to be hassle free.Katrina from Central Qld
    Courtney Cooper
    Courtney Cooper
    1759994437
    Razia from access my super has been incredible! Super helpful and always happy to assist!Makes the process super easy and stress free!
    Tricia
    Tricia
    1759902033
    Access my Super were fantastic, I hate paper work and not good with technology but they walked me through it and now I can get my teeth. I rate them a 5 star for there understanding, persevering, patiences Thank you
    Randa Saab
    Randa Saab
    1759449751
    I had an excellent experience with Access My Super . Skye was patient, explained everything thoroughly, and guided me step-by-step. They were always available to help and made the transition very smooth — highly recommend.
    Richa Byrne
    Richa Byrne
    1759381112
    My experience with Access Super was great. Considering the circumstances under which most people use these services, the team was very understanding and made the process less stressful.
    Garth Higgins
    Garth Higgins
    1758513730
    My case manager has made everything quick & easy for me so I can access my super. Thanks again
    David Macpherson
    David Macpherson
    1758508256
    Absolutely brilliant team. Very kind, quick and helpful.
    Ryan Peckham
    Ryan Peckham
    1758343653
    Tara was really helpful and could answer any questions I had also kept me up todate every stepped of the way
    Cathy Butler
    Cathy Butler
    1758309490
    Great service. It was a quick and easy application with all questions answered. Would highly recommend
    Te-Ana Riley
    Te-Ana Riley
    1758196365
    I Highly recommend access my super. Kim ensured I was highly informed and aware of every step of the process. She was always willing to help with any questions I had. Kim made this whole process stress free!
    Scott Anderson
    Scott Anderson
    1758056448
    Good service
    Craig Simms
    Craig Simms
    1757987507
    Jayani Sasikala
    Jayani Sasikala
    1757969431
    Excellent Service, and the process was straightforward and stress-free.My documents were processed quickly, and I was kept updated along the way. Overall, I’m very satisfied with my experience. Special thanks to Skye.
    Eadaoin Reilly
    Eadaoin Reilly
    1757733608
    Jody was fantastic and always helpful and responsive
    Omar Al Kamran
    Omar Al Kamran
    1757659101
    Very helpful. Quick service. Provided all sorts of assistance needed.
    Nathaniel Foster
    Nathaniel Foster
    1757040238
    Matthew Hanin
    Matthew Hanin
    1756942970
    luke hawken
    luke hawken
    1756882841
    They make it super easy and explain everything.
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    © 2023 All rights reserved. Access My Super | ACN: 627 555 499
    Google Rating
    4.9
    Based on 1024 reviews
    Access My Super
    Access My Super
    4.9
    review us onSee all reviews
    francis o'grady
    francis o'grady
    1764280960
    Lisa,my case manager was very helpful and understanding.She kept me up to date on all communications.Excellent service.
    Cal Wynston
    Cal Wynston
    1763937544
    Fantastic experience and was informed throughout the process. Got the outcome that I wanted and was successful in super release.
    Liberty Towner
    Liberty Towner
    1763705893
    Phenomenal team. I work closely with them every day through my dental clinic and I can not praise them high enough. They are so efficient, incredibly kind and friendly, and never let anything slip through the cracks. We have enquired about a different ERS company in the past to see if we can avoid the application fee for our patients, but the service at AMS is unmatched and we will never let them go. If you're a business looking to partner with an ERS company, stop looking, you've found them.
    Amanda Elis
    Amanda Elis
    1763616216
    The service of a senior consultant Kim was exceptional. Polite, courteous and prompt. Would highly recommend.
    Nicholas Kastrounis
    Nicholas Kastrounis
    1763539290
    Great serviceConsistent communication
    MJ Hayes
    MJ Hayes
    1763472030
    Lisa assisted me with all the necessary documents and made the whole process smooth and stress-free. Once everything was submitted, she kept me updated throughout my application, which gave me peace of mind.I highly recommmend Access My Super.
    Gaston Trussi
    Gaston Trussi
    1763465845
    Incredible and super efficient team. Skye went up and above to get things approve, without much intervention from me except from initial phone call.
    Calvin Munro
    Calvin Munro
    1763355639
    Kim was so helpful and organised the process was made so easy thank U
    Nicole Vaughan
    Nicole Vaughan
    1763351142
    I honestly have had the best service from Access My Super.So fast, so easy, absolutely no stress though this process. I was guided through each step and had constant support. highly recommend Access My Super.Access My Super ensured all the necessary documents were acquired, signed, sealed, and delivered to the ATO through MyGov account.Thank you.
    Lian PI
    Lian PI
    1763177924
    Belinda was extremely helpful and I had no issue getting access to my super. It was soo fast and effortless with the help of Belinda. I highly recommend their services.Thank you Belinda.
    Kim Cecil
    Kim Cecil
    1763088836
    So grateful, customer service was amazing!! The process was made so easy by my lovely consultant Tara.Thank you so much xx
    Peter Jackson
    Peter Jackson
    1763071339
    Access My Super, what a can l say, so professional, hassle free, they made my experience stress free and what a great job they did, to the team at Access My Super thank you!
    Mahmoud
    Mahmoud
    1762927646
    Sarah Perry
    Sarah Perry
    1762922915
    Sensational Team working for you and made the whole process stress free which has been such a relief. Thank-you all so much
    Stewart Sayers
    Stewart Sayers
    1762915829
    The service provided by Access my Super was too notch. Fast and concise assistance when contacted for advice. I highly recommend this.
    Kaylene
    Kaylene
    1762844244
    Sharon Taylor
    Sharon Taylor
    1762723534
    Kylie from Access My Super made the whole process of applying so easy. Very happy I used their service instead of trying to tackle it in my own.
    Tania Davis
    Tania Davis
    1762341400
    The process was fairly straightforward and the team was really helpful and patient with me. So glad I was able to access a portion of my super for medical reasons and not be judged for my procedure.
    Emma Koo
    Emma Koo
    1762240909
    Jodi has gone above and beyond to help me through this process.she made it easy for me to understand,and communicated in a professional and prompt manner-highly recommended!
    Cassie Purcell
    Cassie Purcell
    1762215807
    Kim made things so easy! Thankyou 👍
    Cheryl Toopi
    Cheryl Toopi
    1762146395
    Brad coulter
    Brad coulter
    1761889837
    Thank you they took all the hassle out and did all the liaising
    Ahmad Rifaie
    Ahmad Rifaie
    1761718908
    I want to express my sincere appreciation to Kim Trenerry for all her help throughout the process. She was professional, patient, and always went above and beyond to make sure everything was handled smoothly. Kim took the time to explain things clearly and kept me informed every step of the way, which made the entire experience stress-free and straightforward.
    Robyn Connor
    Robyn Connor
    1761250784
    Tara was such a pleasure to work with and explained the whole process clearly and with care. Application was quick and easy and thorough and her communication was second to none. Thank you for making it so simple and easy!
    Davis Tapim
    Davis Tapim
    1761201363
    The team was very patient with me during my delayed responses.They were also very helpful and supportive for their assistance via phone call..
    Jo Cowley - O'Shea
    Jo Cowley - O'Shea
    1761014902
    I found my Rep Kylee very professional and thorough, easy to talk to and covered all my concerns.Process was easy and highly recommended if one needs to access their Super.
    Jasmine Davies
    Jasmine Davies
    1760921701
    I am so pleased with the service i received from Access My Super! the process was seamless and my representative Lisa made any correspondence so easy! thanks team, very happy customer!
    Anne-marie Hegewald
    Anne-marie Hegewald
    1760913693
    So easy to do. Helped with every step along the way. Responded extremely quickly. I’m not sure I would have managed without them.
    Michael
    Michael
    1760670746
    THERES NO WAY YOU CAN PROCESS THIS ON YOUR OWN... TOO MANY LAYERS OF WORK.Lisa MADE LIFE SO EASY. ALWAYS RESPONSIVE AND PATIENT.AMAZING
    Jason Chaser
    Jason Chaser
    1760593980
    Andrew G
    Andrew G
    1760575241
    Tara made everything easy and knowledgeable about all the required steps through out the quality service.👍
    Gary Pattinson
    Gary Pattinson
    1760384657
    Kim provided a comprehensive service, doing most of what needed to be done, and guided me through the steps that I had to perform myself. It was a super easy process.
    Katrina Dundas
    Katrina Dundas
    1760356095
    I was sceptical in the beginning, worried about my privacy and just generally unsure. But needed costly dental work!!All that disappeared with one easy phone call , my consultant was brilliant in helping me to understand and obtain what was needed and assisted me through the process from start to finish.It was a pleasant experience that was pain and worry free. I highly recommend Access My Super if your considering early or compactionet release from your Super fund and need it to be hassle free.Katrina from Central Qld
    Courtney Cooper
    Courtney Cooper
    1759994437
    Razia from access my super has been incredible! Super helpful and always happy to assist!Makes the process super easy and stress free!
    Tricia
    Tricia
    1759902033
    Access my Super were fantastic, I hate paper work and not good with technology but they walked me through it and now I can get my teeth. I rate them a 5 star for there understanding, persevering, patiences Thank you
    Randa Saab
    Randa Saab
    1759449751
    I had an excellent experience with Access My Super . Skye was patient, explained everything thoroughly, and guided me step-by-step. They were always available to help and made the transition very smooth — highly recommend.
    Richa Byrne
    Richa Byrne
    1759381112
    My experience with Access Super was great. Considering the circumstances under which most people use these services, the team was very understanding and made the process less stressful.
    Garth Higgins
    Garth Higgins
    1758513730
    My case manager has made everything quick & easy for me so I can access my super. Thanks again
    David Macpherson
    David Macpherson
    1758508256
    Absolutely brilliant team. Very kind, quick and helpful.
    Ryan Peckham
    Ryan Peckham
    1758343653
    Tara was really helpful and could answer any questions I had also kept me up todate every stepped of the way
    Cathy Butler
    Cathy Butler
    1758309490
    Great service. It was a quick and easy application with all questions answered. Would highly recommend
    Te-Ana Riley
    Te-Ana Riley
    1758196365
    I Highly recommend access my super. Kim ensured I was highly informed and aware of every step of the process. She was always willing to help with any questions I had. Kim made this whole process stress free!
    Scott Anderson
    Scott Anderson
    1758056448
    Good service
    Craig Simms
    Craig Simms
    1757987507
    Jayani Sasikala
    Jayani Sasikala
    1757969431
    Excellent Service, and the process was straightforward and stress-free.My documents were processed quickly, and I was kept updated along the way. Overall, I’m very satisfied with my experience. Special thanks to Skye.
    Eadaoin Reilly
    Eadaoin Reilly
    1757733608
    Jody was fantastic and always helpful and responsive
    Omar Al Kamran
    Omar Al Kamran
    1757659101
    Very helpful. Quick service. Provided all sorts of assistance needed.
    Nathaniel Foster
    Nathaniel Foster
    1757040238
    Matthew Hanin
    Matthew Hanin
    1756942970
    luke hawken
    luke hawken
    1756882841
    They make it super easy and explain everything.
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    js_loader