Month: February 2024
Concessional Contributions
As we move closer to the end of the financial year, attention often turns towards personal tax planning. This is where the use of concessional contributions and even carry forward concessional contributions can be particularly useful. With income tax cuts beginning 1 July 2024 on the horizon, the flexibility afforded with the current rules are discussed within the below.
Monthly Musings
Here is our “Monthly Musings” for the month of February. In this edition we will:
- observe the market movements for the month,
- showcase a brand new episode of our short video series “3 Minute Tech” where we discuss the “Division 293 Tax“,
- present an update in our Focal Point section surrounding the important superannuation “Contribution Caps“, and
- provide a great insight into our Private Wealth Adviser, Phil George.