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Published by Terry McCabe
Jul 8, 2016 in Corporate

From spouses to retirees, how will super changes affect you this 1 July?

The 2016/17 Federal Budget has made the most significant changes to Australia’s superannuation system since the 2006/07 Budget. However, most of these changes will not become effective until 1 July 2017.Here are 10 ways the changes will affect you:Every Australian1.Non-concessional (after tax and voluntary) contributions will be subject immediately to a lifetime cap of $500,000 taking into account all non-concessional contributions made since 1...

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