Non Concessional Contributions Archives

09 Mar QROPS Transfer Tax Introduced. Spring budget 2017.

Posted at 19:36h in Blog

The UK Spring Budget introduced yesterday by Phillip Hammond, has outlined significant changes to the QROPS market. The main changes were unexpected and need to be carefully considered by those with UK pensions who plan to emigrate, or have moved to live abroad and wish...

20 Dec Australian Superannuation Changes Confirmed

Posted at 10:09h in Blog

The Australian Government has now finalised some of the changes introduced in the May 2016 Australian budget. These include the following: - The work test will remain for over 65s in order to make non-concessional contributions into Australian superannuation; - The non-concessional contribution limit to be reduced from...

15 Sep Australian Government Scraps $500,000 Lifetime Non-Concessional Contribution Cap

Posted at 21:09h in Blog

The Australian Government has today outlined changes to the Australian superannuation proposals which had been included the May 2016 Federal Budget. The proposed lifetime cap of $500,000 on non- concessional contributions (which includes pension transfers from the UK) had been the subject of much contention...