Taxation

June 28, 2018December 13, 2019 Dan Blackman Superannuation

Notional defined benefit contributions

Do you understand how your defined benefit contributions count towards your concessional contributions cap? If not, read on.

October 27, 2017December 13, 2019 Dan Blackman Superannuation

Total super over $1.6m… Watch out!

From 1 July 2017, the annual limit on after-tax contributions dropped to $100,000 for most people and zero for individuals with total super balances of $1.6 million or more.

April 29, 2017December 13, 2019 Dan Blackman Superannuation

Concessional contributions from July 2017

The limit on low tax super contributions is dropping to $25,000 for everyone from 1 July 2017. Are you ready for it?

PSS

The Public Sector Superannuation Scheme (PSS) was established on 1-Jul-1990 by the Superannuation Act 1990 and the Public Sector Superannuation Trust Deed. The scheme has been closed to new members since 1-Jul-2005.

MilitarySuper

The Military Superannuation and Benefits Scheme (MSBS / MilitarySuper) was established on 1-Oct-1991 by the Military Superannuation and Benefits Act 1991 and the Military Superannuation and Benefits Trust Deed. The scheme has been closed to new members since 1-Jul-2016.

CSS

The Commonwealth Superannuation Scheme (CSS) was established on 1-Jul-1976 by the Superannuation Act 1976 and associated regulations. It has been closed to new members since 1-Jul-1990.

DFRDB

The Defence Force Retirement and Death Benefits Scheme (DFRDB) was established on 1-Oct-1972 by the Defence Force Superannuation and Death Benefits Act 1973 and associated regulations. It has been closed to new members since 1-Oct-1991.