Published on 15 Oct 09
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
With the 2009 Federal Budget reducing the contribution limits by 50%, it is now more important than ever to be diligent with contributions. This paper covers:
- recent changes to contributions that we need be aware of
- strategies to prevent the incurrence of excess contributions tax
- ATO rulings with respect to contributions and how they affect our strategies.