(Reading time: 3 - 5 minutes)
If you have not fully used your concessional cap in a prior financial year, you may be eligible to use these unused carried forward amounts in a later year.
EOFY Strategies
EOFY Superannuation Strategies
(Reading time: 3 - 6 minutes)
Want to help boost your retirement savings while potentially saving on tax? Here are five smart super strategies to consider before the end of the financial year.
(Reading time: 3 - 5 minutes)
If your income is under a certain threshold, then making personal after-tax super contributions could enable you to qualify for a Government co‑contribution and take advantage of the low tax rate payable in super on investment earnings.
(Reading time: 3 - 5 minutes)
Contributing some of your pre-tax salary, wages or a bonus into super could help you to reduce your tax and invest more for your retirement.
(Reading time: 4 - 7 minutes)
Splitting super contributions to your spouse’s super account may help to boost their retirement savings and provide a range of other benefits.
(Reading time: 6 - 11 minutes)
You may be eligible to claim a tax deduction if you make a personal contribution to superannuation. There are some important steps you need to follow carefully and specific timeframes to take action.