Super changes start 1 July 2017

https://www.ato.gov.au/Newsroom/smallbusiness/Super/Super-changes-start-1-July-2017/?sbnews20170419 22 March 2017

Did you know changes are happening to Australia’s super system?

Most of the changes start from 1 July 2017 so it’s important to be prepared. You or your employees may be affected if:

  • you make extra super contributions, including through salary sacrifice
  • you have an income over or close to $250,000
  • you or your spouse have an income less than $40,000
  • you’ve taken a break from the workforce or you work part time
  • you’re approaching retirement.

We also have information available to support you if you have a self-managed super fund.

Next steps: