Over the past year there have been a number of changes in the world of superannuation which have imposed greater limitations in getting monies into super, however there is one new rule that can help get more into super. For the 2017/2018 financial year, anyone can claim a tax deduction for contributions they make to superannuation from their own money.  These types of contributions will form part of the “concessional” contribution cap (limit of $25,000 per year). While this new rule opens opportunities to get more money into super, there are a number of issues that should be considered prior to making any additional … Continue reading Top Up Superannuation Balances Using Concessional Contributions