Free Money – how much can you claim?

by Aps Growth Admin on March 14, 2012

FREE MONEY

 

Your LOST Superannuation: There is $13 billion waiting to be claimed.

  • email gm@menziesfinancial.com.au or call Geoff on 02 9907 2257 and ask Geoff to find YOUR MONEY… find super money that you haven’t rolled over into your latest super fund. The service is free.

Remember, there is $13 billion waiting to be claimed. How much is yours?

Now this one is bloody great:

Use ASIC’s Unclaimed Money Online Search tool for $600 million that is waiting to be claimed including:

  • Bank, credit union or building society accounts
  • Life insurance policies
  • Shares

https://www.edge.asic.gov.au/unclaimed/simplequery.html

Government will give you up to $1,000 (tax free) 

The superannuation (super) co-contribution is a government initiative to help eligible individuals boost their super savings for the future.

If you are a low or middle-income earner, you can take advantage of the super co-contribution payment by making eligible personal super contributions to your super fund or retirement savings account (RSA). The government will then match up to $1,000 of your personal super contributions.

You don’t need to apply. If you’re eligible, all you need to do is make personal super contributions to your super fund or retirement savings account and lodge an income tax return.

The maximum super co-contribution payable, and the way we work out this amount depend on the income year in which you made your eligible personal super contributions and whether your total income falls between the super co-contribution income thresholds for that year.

Free Money – Cash for old mobiles phones

You can get paid to hand in your old mobile. Cash For Phones is a division of the Aussie Recycling program where reusable phones are exported to less fortunate countries or used for spare parts. Most phones from the past three to four years have a value

Your old phone could fetch between $1.50 and $700, depending on the condition, make and model – an old Nokia won’t fetch as much as an iPhone or BlackBerry.

Go to www.cashforphones.com.au and search for your phone by brand and model. You’ll then need to register an account, where you’ll receive instructions on assessing the value, selling your phone and postage. If shipping by post, the postage is free with the Cash For Phones reply-paid label. For registered post or any other means, these costs are your liability. You’ll get an email notifying receipt and you’ll be paid (by cheque) within seven working days of the receipt of your phone.

You can sell multiple phones in multiple conditions in one transaction. You’ll need to include the battery and charger if available. Remove your memory card in advance. Blocked or stolen handsets will not be accepted.

$10,000 from the Queensland Government

As an investor buying or building a new house, townhouse or unit under $600,000 in value, you may be eligible to receive the Queensland Government’s $10,000 Building Boost Grant. The boost can be obtained for more than one eligible investment property you purchase. Contact Anthony from apsgrowth on 02 9905 8878 for more details… thank you Qld government!

  • $10,000 for every new house, unit or townhouse purchased
  • $10,000 and you can rent the property out
  • $10,000 to help you buy or build a new investment property

Education – Get a portion back

Paying for your kids’ textbooks and stationery can quickly add up, but you may be able to get some of that money back. The education tax refund (ETR) gives up to 50% back on a range of children’s education expenses, including home laptops and computers, home internet connection, computer-related equipment such as printers, USB flash drives and textbooks. You can’t claim things such as school fees, tutoring costs and musical instruments. One change (subject to legislation) is that school uniforms purchased after July 1, 2011 will be claimable in the 2011-12 financial year.

For the 2010-11 tax year, refunds may be as much as $397 for every child at primary school, and up to $794 for every child at secondary school. It increases each year by the consumer price index rises.

If you get Family Tax Benefit (FTB) Part A you probably are eligible for the ETR. You will need your receipts to calculate your refund and you may need to show them as proof of purchase. So if you want to claim in the 2011-12 financial year, make sure you hold on to all your receipts. Visitwww.educationtaxrefund.gov.au for more details.

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