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February 27, 2014
The ATO has announced the key superannuation rates and thresholds for 2014/15, in line with average weekly ordinary time earnings (AWOTE). Key Points Concessional contributions cap – $30,000 (up from $25,000) Non-concessional contributions cap – $180,000 (up from $150,000) Non-concessional bring-forward cap (3 year rule) – $540,000 (up from $450,000) Concessional Contributions Caps The standard...
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