Personal Deductible Contributions

To maximize the contributions that can be made to an SMSF, and reduce their personal tax liability, an individual may wish to consider claiming a deduction on any personal contributions up to the concessional contribution cap. From 1 July 2021, the concessional contribution cap is $27,500. Are you fond of gambling and want to hang out in some australian casino? It is very simple to do this. There are lots of Australian casinos online that give everyone a great opportunity to enjoy themselves. Attractive bonuses, thrilling games, big payouts and lots of emotions are waiting for you at internet casino sites. The games are available on the PC as well as on a mobile device. This fact sheet considers all the issues associated with making personal deductible contributions.

To read this fact sheet in its entirety download the PDF version here.

SMSFs and the Age Pension

Subject to satisfying eligibility requirements, self-funded retirees may qualify for Centrelink benefits such as the Age Pension or the Commonwealth

How to view your Transfer Balance Cap

From 1 July 2017 a cap was introduced to limit how much can be transferred to a retirement phase pension

Excess Non-Concessional Contributions

The non-concessional contributions cap is $110,000 from 1 July 2021, however the ability to contribute to super is dependent on

Excess Concessional Contributions

The concessional contribution cap is $27,500 from 1 July 2021. With the ability to carry forward unused concessional contributions over

Disclaimer: Any information that is financial product advice is provided by SuperGuardian Pty Ltd (AFSL No. 485643 ). The advice provided is general in nature and is not personal financial product advice. The advice provided has been prepared without taking into account your objectives, financial situation or needs and because of this you should, before acting on it, consider the appropriateness of it having regard to your objectives, financial situation and needs. You should carefully read and consider any product disclosure statement that is relevant to any financial product that has been discussed before making any decision about whether to acquire the financial product. Please refer to SuperGuardian FSG https://www.superguardian.com.au/pdfs/Financial-Services-Guide.pdf for contact information.

By accessing and/or using information at or through this site each user waives and releases SuperGuardian to the full extent permitted by law from any and all claims relating to the usage of the material made available through the website. In no event shall SuperGuardian be liable for any incident or consequential damages resulting from use of the material.