0817 Your Knowledge – Super concessions for first home savers and downsizers

For people who are over the age of 65, and with holding a home for 10 years or more, from 1 July 2018, eligible home sellers may be able to contribute some of the proceeds of the sale to superannuation.

This may be an ideal way of building up superannuation and taking advantage of superannuation’s concessional tax rates.

…If this was to be a main concern to your current state, it might be wise to take some initial steps in getting the right advice on eligibility criteria…https://taxideas.com.au/booking/

Tel: (02) 8318 1545

Posted in News & Events, Tax Updates.