Total Super Balance and small business CGT contributions post 30 June 2017

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Nodrog, 1st Aug, 2017.

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  1. Nodrog

    Nodrog Well-Known Member

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    Nodrog, 1st Aug, 2017
    #1
    Perthguy, Nattl3s, Mike A and 1 other person like this.
  2. Nattl3s

    Nattl3s Well-Known Member

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    That special moment in life when you have over $1.6mil in super and you cant make a non-concessional contribution. Wow do i have a long way to go.
     
    Nattl3s, 1st Aug, 2017
    #2
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  3. Perthguy

    Perthguy Well-Known Member

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    Same. Am I only the only one who has to google "non-concessional" every time? In any case, I have a long way to go.
     
    Perthguy, 1st Aug, 2017
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  4. Nodrog

    Nodrog Well-Known Member

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    If you're younger don't underestimate the power of compounding.
     
    Nodrog, 1st Aug, 2017
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  5. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Very good point. The "I hate super" generations will become a tale of two classes. Those with healthy super balances and those without.
     
    Paul@PAS, 2nd Aug, 2017
    #5
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