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geffa9

14,102 Posts.

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29/09/24

15:31

Post #: 75892605
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Originally posted by Tarvold ↑

A question on Super Contributions.

I read online that if you make a Non Concessionary Super Contribution (after tax) & then claimed the deduction on your tax return that is is treated as Concessionary Contribution ( pre tax) with regard to contribution caps.
I.e the annual cap goes from changes from $120,000 in 2024/25 to $30,000.

Can anyone confirm that this is correct?

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correct. Annual cap is $30k for concessional and $120k non. This is factual info pls check with your accountant or adviser if it is suitable for you.

please check the age limits and criteria though with your fiancial professional.

Last edited by geffa9: 29/09/24
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