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LearnTax1(Newbie)Newbie
22 Mar 2024

are there limits to the Non Concessional Contributions we can make (after 3 years? I am aware limits are 110K (2024) and 120K (2025 and 2026). Am I able to make a contribution in 2027 or have I exhausted the non-concessional contribution limit after the three years?

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396 views
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Bruce4Tax(Taxicorn)Taxicorn
22 Mar 2024

If you contribute NCC 240 K in 2025, you will trigger bring forward.


That means total NCC for 2025 + 2026 + 2027 = 360 K


As long as you are under 75 when contributions are made.



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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
22 Mar 2024

If you contribute NCC 240 K in 2025, you will trigger bring forward.


That means total NCC for 2025 + 2026 + 2027 = 360 K


As long as you are under 75 when contributions are made.



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