What's new

  • Within:
DateTitleDescription
22/03/2017Change to concessional (pre-tax) contributions capFrom 1 July 2017, the government will lower the annual concessional contributions cap to $25,000 for all individuals.
22/03/2017Change to non-concessional (after-tax) contributions capFrom 1 July 2017, the government will reduce the annual non-concessional (after-tax) contribution cap from $180,000 to $100,000 per year.
22/03/2017New transfer balance cap for retirement phase accountsFrom 1 July 2017, the government will introduce a $1.6 million cap on the total amount that can be transferred into the tax-free retirement phase for account-based pensions.