if peeps do not fit the sapto criteria then they fall under the taxation rules that apply to all other "normal" tax payers in australia - and that includes whatever levy, offset or some such exists.
sapto is a very special thing available ONLY to old people ......... i am just trying to tell peeps broadly how it works so that they can investigate if it fits their circumstances ....... cos old mate is thinking about the option of cashing out of super and he may fit into this ........... and it may add to his analysis of his situation.
The reality is that fitting inside sapto gives a lot of benefit up to an assessable income of about $40K - that is what old people should get out of my post. perhaps my posts would be better read as complementing the posts of others ........ not as attacks ......... or just dismiss them totally if u choose.
