From www.pitcher.com.au: As the June 30 deadline approaches, individuals are encouraged to review their superannuation contributions to maximise available caps and benefits, particularly focusing on concessional contributions, which are capped at $30,000 and can be tax-deductible.

Strategies such as carrying forward unused caps or utilizing the downsizer contribution for those aged 55 and older are highlighted to enhance retirement savings.

For SMSFs, ensure minimum pension withdrawals are met and accurately value assets to maintain compliance.

Filed under: Superannuation