Reminder – Superannuation Pension Drawdown Minimums Back to Original Amounts
At the start of the COVID-19 pandemic, Treasury enacted changes to the annual minimum drawdown requirements for those members in receipt of superannuation pensions. The changes were that the annual minimum drawdown required was temporarily halved for the 30 June 2021, 30 June 2022 and 30 June 2023 financial years. The below figures are the […]
Superannuation Year End Tax Planning
As we draw closer to 30 June 2023 it is important to consider tax planning strategies as well as other administrative duties for your money in superannuation. Contributions Concessional Contributions Concessional contributions cap for the 2023 FY is $27,500 and the deposits must be received into the Super Fund prior to 30 June 2023. When […]
