For example if your income is $280,000 and your before-tax contributions are $25,000, you only pay the 30% tax rate on $5,000. Withdrawals from AustralianSuper are tax-free if you are aged 60 or over.
Rents for allotments vary according to the size of the plot. Rent charges currently range from Â£25.80 to Â£53.10 for the year. Each plot is also subject to a yearly water charge that is currently Â£16.50.The annual allotment period runs from 1st February to 31st January.ents for allotments vary according to the size of the plot. Rent charges currently range from Â£25.80 to Â£53.10 for the year. Each plot is also subject to a yearly water charge that is currently Â£16.50. The annual allotment period runs from 1st February to 31st January.
At a $300 per acre cash rent, total costs equal $863 per acre ($563 non-land costs + $300 land rent). At a 195 bushel yield, the break-even price is $4.43 per bushel ($863 total costs / 195 bushels per acre).