Contributions: the latest and greatest
Source: Taxation In Australia Journal Article
Published Date: 1 May 2021
With the substantial taxation concessions provided by superannuation, Australian taxpayers are highly incentivised to build up assets within this structure. However, there are a plethora of contribution rules and contribution caps that we need to be aware of. With the contribution limits being indexed in the 2021-22 financial year, and many superannuation benefits being impacted by COVID-19 valuations at 30 June 2020, it is important that we are aware of the contribution strategies to be implemented prior to 30 June 2021 and into the new financial year to ensure that clients' positions are optimised.
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Details
- Published By: Jemma Sanderson CTA
- Published On:1 May 2021
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