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Downsizing Archives - Garnet Business Services
Downsize to boost your super

Downsize to boost your super

by | Jul 4, 2018 | Superannuation, Tax News

From 1 July 2018, people aged 65 or over will be able to make additional non-concessional contributions of up to $300,000 from downsizing their home subject to certain conditions. This is in addition to the concessional and non-concessional contribution caps. However,...