Hervey Bay Independent : 9th February 2017
32 Thursday, February 9, 2017 A super opportunity Last chance to maximise your Super before 1 July 2017! TheGovernmentismakingimportantchangestoNonConcessionalContributions (NCCs)thatmayaffect your future,sonow’sthetime toactbefore it’stoolate! Youhavejustmonthstotakeadvantageofthis one-off opportunity.Ifyou’re acouple,this couldbeyourlastchancetoinjectover$1milliontax-freeintosuper! 4 very important questions answered: 1. What are Non Concessional Contributions (NCCs)? Non Concessional Contributions are contributions made into your superannuation fund, that are not included in the funds’ assessable income. The most common type is personal contributions made by the member for which no income tax deduction is claimed. 2. What is changing? From 1July2017,theGovernmentisloweringtheannualNCC cap from $180,000 to $100,000. Plus, if you have a balance of more than $1.6 million, you’ll no longer be eligible to make NCCs. This means that 2016/17 may be your last opportunity to make NCCs. 3. Will it affect me, my friends or family? This change may affect you and your loved ones if any of you: • are 50 plus with Super of $750,000 + • are between62–64 • have significant assets (like cash, shares, managed funds, properties) outside of Super – you may be better off having these ‘inside’ your Super. 4.HowdoImakethemostofthisopportunity? Youmustactnow, before it’stoolate.Remember,youhave just months to take advantage of this one-off opportunity. To find out more about this Super opportunity, call Elston on 1300 ELSTON or go to www.elston.com.au/a-super-opportunity Time is ticking, so act now!
2nd February 2017
16th February 2017