Member Contributions and Taxation
A member can make personal contributions if the fund allows contributions. Good member statements detail contributions, returns, tax, and insurance cover. You can add your own contributions to boost your super. Once in your fund, concessional contributions are taxed at 15%. Your contributions are deducted from your pay. Non-concessional contributions offer no tax on contributions and earnings taxed at 15%. Downsizer contributions have a $300,000 maximum. Excess non-concessional contributions can have significant impacts.
UN Membership Contributions
Some judges doubted continued UN membership contributions signified acceptance. 2,216.8 tons were sold to pay membership contributions. Check contribution rates every April and when salaries change. One member could pay more than another on the same salary due to rebanning.
Importance of Contributions and Participation
Existing Security Council members made an important contribution to its revival. Voluntary contributions enabled participation in functions. Employees can’t opt out but get contributions back through benefits. Interests can be sold if securities complied with. Non-cash capital contributions are possible but need valuation. Equity, debt, and convertible debt get contributions. Default contributions apply and can be changed.