Reproduced with permission - see end of article Contribution rules changed substantially from 1 July 2017. The reduction of the non-concessional contributions cap to $100,000 per person per year from 1 July 2017 has been widely discussed. There are some other changes that are equally as important and easy to overlook. TOTAL SUPERANNUATION BALANCE CONDITION There … Continue reading What is my non-concessional contributions cap?
Category: Non concessional caps
Non concessional caps
2016 Federal Budget Superannuation reforms Are you clear on what non-concessional contributions you can contribute in a year? With the Government abandoning its policy to introduce a $500,000 lifetime cap for non-concessional contributions are you clear on what non-concessional contributions you can make to superannuation now? Non-concessional contributions are contributions that are made to super … Continue reading Non concessional caps