Carried Forward concessional contributions allow you to use unused cap space from the previous 5 financial years to make additional tax deductible super contributions.

To be eligible for this your superannuation balance needs to be less than $500,000 on 30 June in the previous financial year.

This is a great strategy for increasing your super balance and reducing your taxable income at the same time.

McNamara & Company - Chartered Accountants, located minutes from the Melbourne CBD
 www.mcnamaraandco.au/contact-us
 Phone +61 3 9428 1062
 Email admin@mcnamaraandco.au

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