Year-End Tax Planning – Superannuation
As we draw closer to 30 June 2024 it is important to consider tax planning strategies as well as other administrative duties for your money in superannuation.
Contributions
Super Guarantee
Employers and employees should note that from 1 July 2024, the super guarantee rates increased from 11.00% to 11.50%…
Changes to Non-Concessional Contribution Eligibility
By Daniel Shaw From 1 July 2023, the thresholds in which a superannuation member can make non-concessional (after tax) contributions have been increased due to indexation. Members who are under 75 with a total superannuation balance (TSB) below $1.9m, can make a non-concessional contribution into their superannuation fund up to the annual cap of $110,000, […]
