The changes announced in the Federal Budget created much uncertainty about superannuation and its potential to allow individuals to save sufficient wealth for retirement using advantageous taxation rules.
Last week the Turnbull Government announced that it is scrapping the planned $500,000 superannuation lifetime cap, and would replace it with a $100,000 yearly cap to be implemented from 1 July this year and until a balance of $1.6m is created.
Previously non-concessional contributions up to $180,000 pa were allowed.
It's important to be aware of these caps as those who over pay are heavily penalised.
To find out what these changes mean to you and what you should do, attend our seminar.
Join us on Wednesday 28th September. Arrive at 6pm for light refreshments followed by a 6.30pm start, wrapping up with Q&A by 7.30pm Venue: Suite 2, 345 Pacific Highway, Lindfield Parking opposite in Coles parking lot
Presented by Peter Vickers
Peter has a wealth of experience advising individuals how to maximise their savings for retirement, using a range of tax planning and tax minimisation strategies, including the use of superannuation. He and the team at Peter Vickers Business Group provide superannuation advice and auditing and administration services to over one hundred Self-Managed Super Funds.
Peter is a registered SMSF auditor, a registered tax agent, a registered company auditor and is licensed to give investment advice.
These seminars are free to members of Lindfield Chamber of Commerce
otherwise a $50 booking fee applies.