Tax Deductions for Superannuation Contributions
There is often confusion around tax deductions for superannuation contributions. Deductions can be claimed where made on behalf of ‘arms length’ employees and self-employed individuals. Using the 2014/2015 tax year as an example, there are two concessional cap limits, dependent on age: Under 50 – $30,000 49 years or over within the 2014/15 yearRead more…