Hi there
I'm just wondering if I recieve tax back after lodging my return. I have a lump sum TPD payout sitting in Super that I only withdraw from when needed.
- I am under preservation age
- I have no other income but rely solely on centrelink dsp (which is non taxable) & tpd withdrawals through out the year when needed.
- My taxed rate upon withdrawal is 11%
- My first withdrawal contained a tax free uplift component & the remaining amount was at 15%.
Hoping someone could shed some light.
Thank you