Bring Forward NCCs – this year v next year

Bring Forward NCCs – this year v next year

The tables below show the non-concessional contribution bring forward differences between this year and next year.

This year (2020/2021)

TSB at Previous 30/6 Max NCC
From $1.6m Nil
$1.5m to under $1.6m $100k
$1.4m to under $1.5m $200k
Under $1.4m
$300k

Next Year (2021/2022)

TSB at Previous 30/6 Max NCC
From $1.7m Nil
$1.59m to under $1.7m $110k
$1.48m to under $1.59m $220k
Under $1.48m
$330k

 

As you can see, the differences can be a little tricky.