The contribution caps change from 1 July 2024. In particular, the annual non-concessional cap goes from $110,000 to $120,000. But ...
SMSFs have a little more flexibility when it comes to making contributions and deductions in time for the end of ...
If a deemed contribution is sourced from an entity or individual other than a member or spouse, it will count ...
With the expansion of the downsizer contribution, the timing of when it is used can affect how to use non-concessional ...
It doesn’t matter how late a non-concessional contribution is made before starting the pension phase as long as there is ...
With the concessional contributions threshold about to increase, it’s a good time to revisit strategies to avoid consequences like those ...
Even if a home is owned by only one spouse, the other may make a downsizer contribution if they meet ...
It may only be April, but while we are distracted with the upcoming federal budget and the May lodgment date, ...
A recent AAT decision confirmed the ATO’s ruling on the timing of concessional contributions for tax purposes, says a solicitor.