BSB 806 015

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BSB 806 015

Super Changes July 2017

Big changes are coming to super

On 1 July 2017 big changes are coming to super. It’s important to understand what the new rules are – and how they will affect you. While the changes are wide-ranging, most relate to the super contributions cap. That is, how much you’re allowed to put into super, using both before and after tax income.

Concessional contribution caps per year - Contributions from your before-tax income



Non-concessional contribution caps - Contributions from your after-tax income



Super pension limits - The balance of your pension account



Transition to retirement - Tax rate on earning in super



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