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Ann: Change of Director's Interest Notice , page-12

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  1. 532 Posts.
    lightbulb Created with Sketch. 5
    Just a quick correction re the $25k in to super.

    You can only contribution $25k by way of the SG contributions or via salary sacrifice. You can contribute $150k p.a. from after tax money each year and also use the 2 year bring forward rule allowing you to contribute up to a further $300k. If you use the 2 yar bring forward rule, your contribution cap of $150k is reduced by this amount for the next 2 years.

    Also, re an SMSF acquiring a related party shares, this is no longer allowed.

    PS My sentiment is purely based on the fact that its is overdue for a pullback.

    Cheers

    Clever1
 
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