Changes to superannuation contribution rules means that substantial tax deductions and a boost to your super balance can be made by people finding themselves in the right circumstances.
Mazars Australia Senior Manager, Joel Orbita says that anyone who has not regularly maximised their super contributions may be able to catch up by increasing their current super contributions using prior year unutilised allowances. This can take the tax sting out of a capital gain!
Published: 23/02/2022
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