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 Early release of super

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fatchkchkboom
Newbie


Female
Number of posts : 1
Age : 37
Location : Sydney, Australia
Registration date : 2016-03-24

PostSubject: Re: Early release of super   Tue 12 Apr 2016, 1:57 pm

I have nothing to add about the super as I had Private Health; but a quick google found

https://www.ato.gov.au/Individuals/Super/Accessing-your-super/Early-access-to-your-super/#Compassionategrounds 

So you should try and ask for the amount including tax the dr's letter should have all that is required they should be ble to calculate accordingly


Also  I just got sleeved by Dr Le Page last Friday 08/04/16 at the Mater and my experience has been wonderful with him, he was lovely and so knowledgeable. You are in excellent hands there
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Jobeeone70
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Female
Number of posts : 21
Age : 47
Location : Wollongong
Registration date : 2016-01-22

PostSubject: Re: Early release of super   Thu 07 Apr 2016, 6:41 am

sunshinesam wrote:
Hi everyone, I am brand new to the forum so big hello :-)

I am booked in to have the gastric sleeve on 22 June with Dr Phillip Le Page through the Concord program.  I just had confirmation from centreline that my application for early release of super has been approved YAY!  But when speaking to AMP they reminded me that I will receive the net amount after tax.  

So my question is, do I ask AMP for enough so that the net amount equals the cost of surgery or do I have to cover the taxed amount
Hi, i had mine released 2 months ago ,  they actually work the amount out based on the quote from the doctor , i had 2 super funds and not enough in each so DHS  worked the amount out  ( i did send then a copy of my Super account balances though) anyway i got exactly the amount on the quote , mind you i was still $600 short due to the quote not being quite correct so i had to pay that out of my own pocket , not a lot considering they took 21,000 out of super
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sunshinesam
Newbie


Female
Number of posts : 1
Location : Central Coast NSW
Registration date : 2016-03-24

PostSubject: Early release of super   Wed 06 Apr 2016, 10:10 am

Hi everyone, I am brand new to the forum so big hello :-)

I am booked in to have the gastric sleeve on 22 June with Dr Phillip Le Page through the Concord program.  I just had confirmation from centreline that my application for early release of super has been approved YAY!  But when speaking to AMP they reminded me that I will receive the net amount after tax.  

So my question is, do I ask AMP for enough so that the net amount equals the cost of surgery or do I have to cover the taxed amount myself?
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