$20,000 Early Access to Superannuation for Rideshare Drivers

By |2020-04-25T20:44:27+10:00April 20th, 2020|Categories: BAS, COVID-19, Didi, Food Delivery, GST, Logbook, Ola, Shebah, Tax, Uber|Tags: , , , , , , , , |2 Comments

Disclaimer This is not financial advice. You should consider seeking independent financial advice before considering access to your superannuation fund.  What is it? Some rideshare drivers may have funds available in their superannuation account which they may now be able to access. Normally, you would have to wait until you're 65 years of age before you could access your superannuation. Due to the impacts of the Coronavirus, the Government is allowing individuals access of up to $10,000 of superannuation in 2019-20 and a further $10,000 in 2020-21. That is a total of $20,000 over the two financial years. People accessing [...]