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IMPORTANT INFORMATION IF YOU HAVE A GESB SUPERANNUATION FUND – DO NOT WASTE THIS UNIQUE OPPORTUNITY

If you have a GESB super account you could potentially save thousands by reducing your income tax and capital gains tax contributions. Even if you only worked for the Government for a short time you could still have a GESB super account.

GESB super has unique tax treatment with significant financial benefits- but it’s crucial to get the right advice at the right time though as the ‘times are a çhangin’ and  the WA state government has recently passed legislation that could see the transfer of your GESB account to the Australian Taxation Office (ATO).

 

Under this legislation any GESB West State Super and GESB Super accounts with low account balances and/or lack of recent contributions, would be closed and moved to the ATO.

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