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.

SMSF Contributions and the work test changes

The Federal Government recently delivered on one of its major 2021/22 Budget announcements, which provides individuals with the capacity to

SMSF Pension planning toolkit

Whether it is legislated or not, the primary purpose of superannuation is to pay a benefit, preferably via a pension,

Borrowing in an SMSF – LRBAs and other rules

Section 67 of the Superannuation Industry (Supervision) Act 1993 prohibits, and then makes exceptions for, the trustees of a fund

SMSFs acquiring assets from related parties

Section 66 of the Superannuation Industry (Supervision) Act 1993 prohibits, and then makes exceptions for, the trustees of a fund

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