The Australian Financial Review --- Page: 35 : 19 September 2007 Original article by Zoe Fielding
LexisNexis Summary
Australians who are self-employed may be better off obtaining professional advice before starting a private pension. There are potential traps for the unwary when seeking a tax deduction for personal contributions to a superannuation fund. Persons between the age of 55 and 60 are required to lodge a notice of intent to claim a tax deduction if they intend to use the entire balance of their super fund to start a private pension.
