White Label Document: 1 July 2022 and superannuation contribution changes

There are several superannuation changes that come into effect on 01 July 2022, which were originally announced in the 2021 Federal Budget. These changes may impact SMSF trustees with their ability to make contributions to their SMSF, creating a variety of opportunities for all SMSF members, young and old, to grow their retirement savings.

Our latest white label document covers:

  • An outline of the superannuation contribution changes, and;
  • How SMSF trustees can benefit from these changes with reference to the work test, non-concessional contributions, downsizer contributions, and the First Home Super Saver Scheme (FHSSS).

At the time of publishing, the contents of this resource were accurate and correct.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association