With a new financial year almost upon us, it is time to make ourselves familiar with the various superannuation related thresholds applying for the 2019/20 financial year.
Our 2019/20 Facts & Figures publication will be available shortly, but in the meantime, some of the more commonly used thresholds are detailed below:
Of course, don’t forget not everyone is eligible to make contributions, use bring forward mode or draw benefits from superannuation. If you think you’d benefit from a refresher on the fundamental rules around superannuation, take a look at our SMSF Fundamentals online course:
SMSF Fundamentals is Heffron's first certified, online, self-paced course for practitioners in the SMSF industry. Ideal for those new to the industry, looking to refresh their skills, or wanting more of an understanding of why we do what we do. The 9-module course covers everything from defining superannuation to strategies for SMSFs.
Recommend for:Accountants Advisers