Feb 15, 2018 | Blog, Contributing to Super, Featured, Superannuation
So, how do the catch-up provisions for unused Concessional Contributions work? And how can these unused Concessional Contributions be carried-forward? This article will explain the conditions that need to be met so that an individual can utilise the Concessional...
Feb 17, 2017 | Accessing Superannuation, Blog, Featured, Retirement Income Streams, Reversionary Pensions, Superannuation, Superannuation Tax
The superannuation transfer balance cap of $1.6 million is a new measure set to be introduced from 1 July 2017. This is a further shift towards reducing the tax-effectiveness of the superannuation environment for high-net worth individuals. So, how does the $1.6...
Jan 25, 2017 | Blog, Contributing to Super, Featured, Superannuation
The maximum superannuation Concessional (deductible) Contribution cap has been reducing quite steadily over the years. In the 2016/2017 financial year, the Concessional Contribution cap is $35,000 for individuals aged 49 years or over and $30,000 for those under age...
Jan 23, 2017 | Blog, Contributing to Super, Featured, Superannuation
As of 1 July 2017, there is a significant reduction in the Non-Concessional Contribution cap compared to previous years. The reduction in the Non-Concessional Contribution cap is another measure aimed at reducing the effective tax concessions available for wealthier...
Jan 19, 2017 | Blog, Contributing to Super, Featured, Superannuation
The recent and significant changes to the superannuation Non Concessional Contribution cap from 1 July 2017 has largely impacted the ‘Bring Forward Rule’ if the Bring Forward Rule was triggered prior to 1 July 2017; specifically in the 2015/16 or 2016/17...