Northern Territory Concession Scheme and Northern Territory Seniors Recognition Scheme
From 1 July 2018 the Northern Territory Government will introduce the NT Concession Scheme (NTCS) and NT Seniors Recognition Scheme (NTSRS).
More than 24 000 Territorians are currently members of the NT Pensioner and Carer Concession Scheme. These members will transition to the new NTCS and may be eligible to join the NTSRS.
Members of the existing scheme have until 31 December 2018, to confirm their eligibility for the new schemes, they will not be affected by the 1 July change over.
Benefits of the new NT Seniors Recognition Scheme are not available until members have confirmed their eligibility.
Members will continue to receive the concessions that were available as part of the previous scheme but with capped amounts for electricity and water.
The common thread shared among Walt Disney, Paris Hilton and Britney Spears goes well beyond entertainment. They are all clients of a non-profit company that researches, advocates for and performs cryonics. That is, the preservation of humans in liquid nitrogen after death with hopes of restoring them to full health when new technology is developed in the future.
Intergenerational wealth transfer – or in simpler terms, passing on assets to your family, can be, and often is, a huge issue for all family members concerned. If done well and executed properly, it can make a real difference to the financial position of the recipients. If misjudged or poorly handled, it can cause enormous grief, fights and resentments that are never forgotten nor forgiven.
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