CHANGES TO CONTRIBUTION LIMITS

Taking effect from 1 July 2017, the concessional contribution cap is now $25,000 for everyone, so ensure any reserving and salary sacrifice strategies are appropriate. The annual (after tax) non-concessional contributions cap is $100,000, and the 3-year bring-forward cap is $300,000. This has changed from the 2016/2017 year, where the annual after-tax contributions cap as […]

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