What Is a Low-Income Super Tax Offset?

Everyone would love to have a safe retirement plan, without much fuss. Though the problem is not every one earns enough pay to save for later. For low-income earners, thinking about retirement savings could be an unpleasant subject. To solve this issue, the ATO proffers a system to help low-earners to save for their retirement. LISTO proves to be a great help for the retirement savings of low earners. Under the same program, a superannuation payment of 10 to 500 dollars is provided to the employer. Now, let us take an overview of the program.