Super strategies

Strategy ID	Section	Strategy	Description
67	Superannuation	Small business CGT concessions (not 15-year exemption)	Optimiser will consider eligibility to reduce tax post sale of a active business asset by making superannuation contributions under the lifetime CGT cap rules.
68	Superannuation	Withdraw from super	A lump sum withdrawal will typically occur due to one of the following reasons:
			Capital is required to fund lifestyle and/or goals
			It is preferable to reduce non-deductible debt
			Due to the transfer balance cap it is tax effective to hold funds outside of superannuation.
69	Superannuation	Reduce mortgage repayments and direct cashflow to super	Recommendation will occur when it is more tax effective to direct cashflow to superannuation and there is no competing objective to reduce debt.
70	Superannuation	Personal deductible contribution	Recommendation will be optimal if this is the best allocation of resources taking into consideration other alternative strategies and competing objectives such as debt reduction.
71	Superannuation	Cash out and re-contribute to super	This strategy is optimal when potential death tax can be reduced (see objective function for detail on how optimisation is performed).
72	Superannuation	Cash out and re-contribute to partners super	This strategy is optimal under at least 1 of the following conditions:
			When potential death tax can be reduced by increasing the tax free component.
			An increase in Centrelink can be achieved via a reduction in assessable assets. This occurs when a younger partners superannuation is not yet assessable for Centrelink purposes.
			A partner has less money in superannuation and contributing to a partners superannuation will assist in managing the transfer balance limit across 2 superannuation accounts.
73	Superannuation	Retain Unrestricted Non Preserved Benefit	Isolating unrestricted non-preserved can be optimal when it is more tax effective to meet lifestyle requirements via lump sum withdrawals as opposed to pension drawdowns. A clients existing low rate threshold used will also drive whether this strategy is optimal or not.
74	Superannuation	Transfer super from overseas (UK fund)	A client must have an eligible UK fund. The engine will always consider it optimal to transfer eligible funds.
75	Superannuation	Superannuation co-contribution	Provided a client is eligible, and there is adequate cashflow a government co-contribution is typically always optimal due to the guaranteed 50% government match.
76	Superannuation	Personal deductible contribution to reduce CGT	The optimisation engine will always seek to reduce tax wherever possible. This recommendation will occur when cashflow is not required for other competing objectives and there are no significant superannuation penalty constraints set. (See superannuation penalty).
77	Superannuation	Small business CGT concessions (eligible for 15-year exemption)	If eligible this recommendation will automatically occur.
78	Superannuation	Non-concessional contribution	Recommendation will be optimal if this is the best allocation of resources taking into consideration other alternative strategies and competing objectives such as debt reduction.
79	Superannuation	Non-concessional contribution (sale of principal residence)	Recommendation will be optimal if this is the best allocation of resources taking into consideration other alternative strategies and competing objectives such as debt reduction.
80	Superannuation	Salary sacrifice (superannuation)	Recommendation will be optimal if this is the best allocation of resources taking into consideration other alternative strategies and competing objectives such as debt reduction.
81	Superannuation	Super contribution splitting	This strategy is optimal under at least 1 of the following conditions:
			A partner has less money in superannuation and contributing to a partners superannuation will assist in managing the transfer balance limit across 2 superannuation accounts.
			An increase in Centrelink can be achieved via a reduction in assessable assets. This occurs when a younger partners superannuation is not yet assessable for Centrelink purposes.
82	Superannuation	Superannuation consolidation	Refer to the the reasonable basis step to determine how superannuation funds are compared.
83	Superannuation	Spouse contribution	Recommendation will be optimal if this is the best allocation of resources taking into consideration other alternative strategies and competing objectives such as debt reduction.

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