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FHSSS Capped amount

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Is the maximum contribution amount of 15,000k per the calendar year, or per financial year? 

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Hi @Jeff_Moriarty

 

Thanks for your post.

 

The FHSS scheme's voluntary contribution limit is per financial year.

 

You can apply to have a maximum of $15,000 of your voluntary contributions from any one financial year included in your eligible contributions to be released under the FHSS scheme, up to a total of $30,000 contributions across all years.

 

For more information about the FHSS scheme, check out our website.

 

Hope this helps.

 

Thanks, ChrisR

1 REPLY 1
Highlighted

Best answer

ATO Certified

Community Support

Replies 0

Hi @Jeff_Moriarty

 

Thanks for your post.

 

The FHSS scheme's voluntary contribution limit is per financial year.

 

You can apply to have a maximum of $15,000 of your voluntary contributions from any one financial year included in your eligible contributions to be released under the FHSS scheme, up to a total of $30,000 contributions across all years.

 

For more information about the FHSS scheme, check out our website.

 

Hope this helps.

 

Thanks, ChrisR