TAX PLANNING FOR EOFY – 2024

TAX PLANNING FOR EOFY – 2024

Please note that an individual can have up to $27,500 contributed per annum on their behalf from all employment sources combined (including any life insurance premiums owned via super). You should keep this in mind if you are aiming to utilise the maximum contribution.

The good news is that since 1 July 2018 you may be able to carry forward any unused concessional contributions on a rolling five year basis. Any rolled over amounts not used within the five years will expire.

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