Bring Forward NCCs – this year v next year

1 Mar 2021

Written by

David Busoli, Principal

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

This year (2020/2021)

TSB at Previous 30/6Max NCC
From $1.6mNil
$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 30/6Max NCC
From $1.7mNil
$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.

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