CLIENT ALERT December 2016 No Images? Click here CLIENT ALERT Why making non-concessional contributions Our SMSF partner, Dixon Advisory, explains the final opportunity to maximise non-concessional contributions to super before 30 June 2017. Nerida Cole, Head of Advice at Dixon Advisory reveals the options to consider as you plan for retirement under the new rules. On Wednesday 23 November 2016, the Senate passed the super reform package announced in the May Budget. The Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016 is heralded as the biggest shake-up to the superannuation sector in the last 10 years. This legislation also highlights some options to consider as you plan for retirement under the new rules. Of greatest significance is the clarity around revised non-concessional contributions. Prior to 30 June 2017, the ‘pre-budget’ rules will apply, affording many people one final opportunity to make a non-concessional contribution to super. Stable Financial will be closed for Christmas from the 22nd December 2016 and will reopen on 16th January 2017. Thank you for your business throughout 2016 and we wish you and your families a very Merry Christmas! We look forward to seeing you in the New Year. |