Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
Note: See section 3AA .
Chapter 3 - Collection, recovery and administration of other taxes
PART 3-20
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SUPERANNUATION
Division 138
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First home super saver scheme
Subdivision 138-B
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FHSS maximum release amount
Guide to Subdivision 138-B
SECTION 138-20
WHAT THIS SUBDIVISION IS ABOUT
Your FHSS maximum release amount comprises your eligible non-concessional contributions, 85% of your eligible concessional contributions, and your associated earnings.
There are limits on the amount of contributions that may be eligible for release.
Operative provisions | |
138-25 | FHSS maximum release amount |
138-30 | FHSS releasable contributions amount |
138-35 | Eligible contributions |
138-40 | Associated earnings |
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