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.

Keeping you up-to-date with what you need to know about SMSFs. Subscribe to get our updates delivered straight to your inbox.

More SMSF News

Fee Offer Extended

We have decided to extend our special fee offer to no later than the end of September. The number of SMSFs we can...

read more