Concessional contributions are those made with pre-tax income and can come in many forms, most commonly as
- Superannuation Guarantee contributions made by your employer,
- Salary sacrificed contributions made on your behalf, or
- Tax-deductible contributions if you are self-employed.
Below, we’ve summarised a few important considerations regarding the cap changes that became law on 29 November 2016.
Finance related professionals are often described as analytical, detail focused and often good with numbers. Historically, people assume this is because their brain is geared more towards using the “left side”, the side of the brain that is apparently responsible for logical tasks. Neuroscientists, however, have long proclaimed that this view of “right and left”