While the Government or, some elements of the Government, may be rethinking the proposed Super Changes announced in the May 2016 Budget, it should be noted that, to date, there has been no official statement as to whether there will be changes and, if so, what changes they will be.
NCC cap
Another case of excess non-concessional contributions and the ATO declining to exercise discretion
Another case of excess non-concessional contributions and the ATO declining to exercise its discretion as there were no special circumstances: Brady’s Case [2016] AATA 97 Another case of excess non-concessional contributions (ENCCs) arising because the taxpayer was unaware that the bring forward rule had been triggered in respect of 2010 when he intended to trigger […]
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