Reducing CGT by contributing unused concessional contributions | ATO Community

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(Initiate)Initiate

10 Feb 2025

Hi,

I am planning to contribute my unused concessional contributions to my Super after 1 July 2025 to reduce CGT on the proposed sale of my rental property during the 25/26 tax year. Once I have made this contribution, I want to rollover a portion out of that fund to another fund yet will keep the account I contribute to open. Am I required to keep the super account open for the entire 25/26 tax year to ensure my contributions offset the CGT.

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(Taxicorn)Taxicorn

10 Feb 2025

Am I required to keep the super account open for the entire 25/26 tax year to ensure my contributions offset the CGT.

No, but you need to have your NoI form accepted before you roll over.

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(Taxicorn)Taxicorn

10 Feb 2025

Am I required to keep the super account open for the entire 25/26 tax year to ensure my contributions offset the CGT.

No, but you need to have your NoI form accepted before you roll over.

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Reducing CGT by contributing unused concessional contributions | ATO Community