With only a few weeks left in June, if you want super contributions to count in the 2016/2017 financial year, payments will need to be made before 30th June 2017. The actual due date is 28 July however payments made after 30th June will be counted in the next financial year.
Do you Salary Sacrifice or personally contribute to your superannuation?
NOW is the time to make additional superannuation payments if you are under the annual super contribution threshold.
Aged 48 or under – the cap is $30,000
Aged 48 or over – the cap is $35,000
Special rules apply to anyone over 65 please contact us or your super fund for more information.
From 1 July 2017, the annual concessional contributions cap will drop to $25,000 for all ages.