Year-End Tax Planning – Superannuation

As we draw closer to 30 June 2024 it is important to consider tax planning strategies as well as other administrative duties for your money in superannuation.
Contributions
Super Guarantee
Employers and employees should note that from 1 July 2024, the super guarantee rates increased from 11.00% to 11.50%…
ATO Key Dates for June 2024
Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2023–24 financial year.
Note: This includes companies and super funds but excludes large and medium taxpayers and head companies of consolidated groups.
Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2024 provided they also pay any income tax liability due by this date.
