So, if $10,000 went into your super last financial year, this financial year you could put in $25,000 plus last year’s unused $15,000.
However, take care!
The rules only apply to unused contribution caps starting from the 2018-19 financial year.
There are many eligibility and threshold tests throughout the superannuation system.
So, obtain advice and consider regular conversations about life insurance, superannuation, retirement, etc.
AcctWeb
18th-August-2019 |