NEWSFLASH Winter 2021

NEWSFLASH Winter 2021

This year’s maximum tax deduction for a Superannuation contribution is $25,000 up to June 30th. This amount is to increase to $27,500 from July 1st. The three year bring forward super contribution of $300,000 is proposed to increase to $330,000. It is proposed that no work test would be needed up to age 75 for super contributions.