I want to avoid extra tax on non-concessional superannuation contributions.
Hi @natim13,
It'll depend on your total super balance and other restrictions, but it's possible to bring forward an amount equal to 1 or 2 years of your annual cap from future years. Keeping in mind, your NCC cap can be changed.
Have a look at the info on our website where it explains the bring-forward arrangement in detail.
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There is no tax on NCC, but you cannot exceed the NCC cap.
For contributions, always best to get advice from a licensed advisor in possession of all the facts.
Nonsense. You can exceed the NCC cap by bringing forward future years' caps. My question is about the logistics; how to do this.
Hi @natim13,
It'll depend on your total super balance and other restrictions, but it's possible to bring forward an amount equal to 1 or 2 years of your annual cap from future years. Keeping in mind, your NCC cap can be changed.
Have a look at the info on our website where it explains the bring-forward arrangement in detail.
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