Notes Online
Welcome to Notes Online.
We offer chapters and articles for individual purchase and we hope you benefit from using our Notes Online.
Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
Price
$11.00
Document Type
Article
Pages
5
Notes Online Home 2017 Super Schools Day 1 Other new developments for SMSFs
Government set to introduce ‘downsizer contribution’ on sale of the family home
In this section of the notes, we discuss the Government setting to introduce ‘downsizer’ contribution on sale of the family home:
- When does a super contribution qualify as a ‘downsizer contribution’?
- ‘Downsizer contributions’ are excluded from the existing contribution caps
- ‘Downsizer contributions’ excluding from the $1.6 million total super balance restriction
‘Downsizer contributions’ are not subject to the contribution acceptance rules