Designed to be beneficial for both experienced as well as early-career practitioners, this new ‘superannuation contribution’ series will take you and your staff through the opportunities available to clients to make the most out of their superannuation in 2021-22.
Super 1 - Catching up on concessional contributions
Thursday 23 September 2021, 12:30-1:30pm Melbourne Time
This session will cover how the carry-forward concessional contribution rules can allow clients to make concessional contributions in excess of the standard concessional cap by utilising any unused amounts of concessional cap from prior years. We’ll provide a recap of how the rules work and then focus on the eligibility requirements, the different strategies available, practical advice issues that must be considered and the most asked questions we receive from members on this measure.
Super 2 - Salary sacrifice vs personal deductible contributions
Thursday 30 September 2021, 12:30-1:30pm Melbourne Time
Clients wanting to make voluntary concessional contributions to superannuation can generally choose between contributing their pre-tax salary into superannuation via salary sacrifice or make a personal deductible superannuation contribution. Although the tax treatment and potential net benefits from salary sacrifice and personal deductible contributions are very similar, we’ll outline the key differences and explain which clients may benefit from each contribution type, as well as provide the key issues to consider and the traps to be aware of for both types of contributions.
Super 3 – Bring it forward: the non-concessional contributions opportunity
Thursday 7 October 2021, 12:30-1:30pm Melbourne Time
The ability to bring forward non-concessional contributions (NCC) has been around for some time now. However, with the increase to the NCC cap and the ability for clients under age 67 to trigger the NCC cap bring-forward rules, more opportunities exist for clients to make NCCs now and later in life. This session will cover how the bring forward rules work, the eligibility requirements and the strategy opportunities that exist for clients in 2021-22 and beyond.
Super 4 – Contributing to super later in life
Thursday 21 October 2021, 12:30-1:30pm Melbourne Time
This session will cover the contribution opportunities available to clients that have not had the chance to maximise their retirement savings during their working life. From downsizing the family home and using the downsizer superannuation contribution measure to utilising the work test exemption for recently retired clients, we’ll cover the superannuation contribution opportunities available to older clients with reference to numerous examples.
Presented by Natasha Panagis