SMSF Update Super contribution caps set to increase

Superannuation Update for 2022 financial year Main changes are: contribution cap is set to increase from $25,000 p.a. to $27,500 pa from 1 July 2021. The non-concessional cap in 2021–22 will see the standard cap increased from $100,000 to $110,000 from this date. In addition, the maximum amount a member who was under 65 at the…

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