Changes to Superannuation Contribution Caps
Changes to Concessional (Deductible) and Non-Concessional (Non-Deductible) Contribution Caps from 1 July 2024 From 1 July 2024, changes to concessional and non-concessional contribution caps will take effect, allowing individuals to contribute more to their superannuation. The changes are as follows: Concessional Contributions Cap: The annual concessional contributions cap will increase from $27,500 to $30,000. Concessional...Read More