“Downsizer” Superannuation Contributions – broader application than you think
An eligible person selling a home can make a tax-free contribution to a superannuation fund of up to $300,000, or $600,000 per couple This contribution is not subject to the typical caps and restrictions that usually apply to other types of superannuation contributions. Downsizer Contribution Eligibility Given the title of the measure, ‘Downsizer Contribution’, you […]