How can I reduce my tax liability by paying superannuation?

24 May 2014

Admin User

By paying superannuation contributions prior to 30 June 2014 you will be able to claim the contribution as a tax deduction.

You will need to be mindful of the following:

  • Superannuation caps;
  • The overall tax effect of the contribution. 

Typically the superannuation contribution will be taxed when received by the superannuation fund.

 

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

Please refer to disclaimer at the bottom of the page.

 

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