The budget handed down by the government in May announced proposed changes that will effect superannuation. The major aspects of change are as follows: Lifetime cap for after tax contributions You can currently make up to three year’s worth of after-tax (non-concessional) contributions in a single year ($540,000) under the current rules. If using the … Continue reading Changes to superannuation to watch out for
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Changes to superannuation to watch out for
The budget handed down by the government in May announced proposed changes that will effect superannuation. The major aspects of change are as follows: Lifetime cap for after tax contributions You can currently make up to three year’s worth of after-tax (non-concessional) contributions in a single year ($540,000) under the current rules. If using the … Continue reading Changes to superannuation to watch out for