Financial Planning

Budget Summary

2017-10-11T09:40:23+00:00

Budget Summary The budget was handed down last night, and there were several major announcements.  Issues dealt with include: SUPERANNUATION • Imposing a lifetime limit of $500,000 on non-concessional superannuation contributions • Reducing the superannuation concessional contribution cap to $25,000 • Capping tax-free super to balance of $1.6 million • Removing tax-free earnings on TRIS accounts • Expanding the number [...]

Budget Summary 2017-10-11T09:40:23+00:00