Australian Gastric Sleeve Support Forum
 
HomeRegisterLog in

Share | 
 

 My timeline for successful APRA/Super application

Go down 
AuthorMessage
Beckstar77
Part of the furniture


Female
Number of posts : 214
Age : 41
Location : Yeppoon
Registration date : 2011-01-01

PostSubject: Re: My timeline for successful APRA/Super application   Wed 19 Jan 2011, 11:37 am

Wow, I didn't think about it being included as income for family tax...something to think about..
Back to top Go down
MiddleWoman
Part of the furniture
avatar

Female
Number of posts : 668
Location : Australia
Registration date : 2010-12-17

PostSubject: Re: My timeline for successful APRA/Super application   Wed 19 Jan 2011, 6:18 am

Yes, that's right. The form asks if you want to withdraw a gross or nett amount from your Super. I put the nett amount in. The Super fund then automatically taxed me (yep, around 21%) and sent that amount off to the ATO. They then forwarded a Payment Summary (like a group certificate) to me, which will need to be included in my tax return for this year. Remember, too, that Super funds may deduct their own fee for this transaction - might be worth checking how much that might be (mine was minimal).

One other thing - if you are in receipt of Government benefits which are calculated according to your projected annual income (eg. Family Tax Benefits), your Super payout will be factored in as earnings at the end of the financial year. You might like to check that you have overestimated your earnings enough, so that you will not have a debt this tax year. The other way to help offset any such debt is to claim all of your medical expenses in this year's tax return - any amounts over the first $1500 are tax deductible.

MiddleWoman
Back to top Go down
realme
Part of the furniture
avatar

Female
Number of posts : 763
Age : 45
Location : Sydney
Registration date : 2010-04-20

PostSubject: Re: My timeline for successful APRA/Super application   Wed 19 Jan 2011, 2:40 am

Hey slaps
it basically means that any amount you ask for will be taxed (I think its around 21%). I asked for the amount I wanted and added another 21% on top so I wouldnt have to worry about the extra amount. Even if it gets approved without the taxable amount Ill still be happy with that!
Back to top Go down
Slaps
Part of the furniture
avatar

Female
Number of posts : 206
Age : 38
Location : South Coast NSW
Registration date : 2010-11-30

PostSubject: Re: My timeline for successful APRA/Super application   Wed 19 Jan 2011, 2:23 am

Hi Queenie,

I have asked for the whole lot $9000, not sure if ill get it yet having probs :(

Hope that helped, oh but i have heard of ppl say something about not getting the taxable part but im not sure what that means!

Caitlin
Back to top Go down
https://www.youtube.com/user/SlapsSleeve
Queenie
Newbie
avatar

Female
Number of posts : 67
Location : South-West WA
Registration date : 2011-01-13

PostSubject: Re: My timeline for successful APRA/Super application   Tue 18 Jan 2011, 6:01 am

Hey
I am wondering how much you had to withdraw from your super?
Back to top Go down
MiddleWoman
Part of the furniture
avatar

Female
Number of posts : 668
Location : Australia
Registration date : 2010-12-17

PostSubject: Re: My timeline for successful APRA/Super application   Mon 17 Jan 2011, 10:52 am

Hi Slaps and Beckstar,

Sorry you're both having trouble. I found it helpful to show my doctor a copy of the APRA form where it spells out the correct wording (complete with yellow highlighter for the really important parts!). I have not heard of them wanting costings for the next 12 months?? Perhaps they are thinking it is a band, not a sleeve? At any rate, I think most surgeons would bulk bill for any followup appointments within a certain timeframe, eg. 1 year or 2 years. I hope you both soon receive the positive answers you're hoping for.

MiddleWoman
Back to top Go down
Beckstar77
Part of the furniture


Female
Number of posts : 214
Age : 41
Location : Yeppoon
Registration date : 2011-01-01

PostSubject: Re: My timeline for successful APRA/Super application   Mon 17 Jan 2011, 9:50 am

Well your lucky middlewoman, I called APRA again today expecting an answer, to be told they need even more info! App my surgeons letter wasn't good enough and they want an itemised letter detailing the expense of treatment for the next 12 months, inc follow up visits! Plus a stat dec from me as to why I can't pay for it myself!
This is really driving me nuts!
My first application was sent to them on 4th November...
Why is it so hard for me? Nothing comes easy...
Back to top Go down
Slaps
Part of the furniture
avatar

Female
Number of posts : 206
Age : 38
Location : South Coast NSW
Registration date : 2010-11-30

PostSubject: Re: My timeline for successful APRA/Super application   Sun 16 Jan 2011, 9:29 am

Thanks for that.

I should have done that i had a call on sat from them saying my GP letter was not right and i needed a new one :( so hoping im not back to square one again or once they have the new letter they can just go from there.

Other wise will be pushing it a little fine :(
Back to top Go down
https://www.youtube.com/user/SlapsSleeve
MiddleWoman
Part of the furniture
avatar

Female
Number of posts : 668
Location : Australia
Registration date : 2010-12-17

PostSubject: My timeline for successful APRA/Super application   Fri 24 Dec 2010, 2:32 am

Hello everyone,

For anyone applying for early release of super, just thought I'd give you an idea of timing for my successful application:

Printed off the APRA form from the website and filled it out.

Contacted the super fund who emailed me the application form, which I partially filled out.

Saw my surgeon (day 1), hassled him for a letter ASAP(!)

Took the APRA guidelines to my GP and sat with him as he prepared the letter (to make sure wording was perfect).

Phoned the hospital and anaesthetist, who both emailed quotes immediately.

Along with GP letter, surgeon letter, quote for surgery, quote for hospital, quote for anaesthetist, managed to send my application off to APRA just 4 days later (day 5).

Received my APRA approval by phone 16 days later (day 21).

Received APRA letter 2 days later (day 23) and sent it straight off to super fund.

Phoned super fund and received verbal approval 10 days later (day 33).

Received funds into account the next day (day 34).

I hope this info is useful for someone.

MiddleWoman (can't log in as MiddleGirl any more!!??)
Back to top Go down
Sponsored content




PostSubject: Re: My timeline for successful APRA/Super application   

Back to top Go down
 
My timeline for successful APRA/Super application
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Gastric Sleeve Support :: Accessing your Superannuation-
Jump to: