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Deductions for contributions flagged as 'big tax planning tool'

With 30 June fast approaching, SMSF clients may want to take advantage of the new rules for claiming tax deductions for personal superannuation contributions, says HLB Mann Judd.

Deductions for contributions flagged as 'big tax planning tool'
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Deductions for contributions flagged as 'big tax planning tool'

Speaking at HLB Mann Judd event in Sydney, HLB Mann Judd wealth partner Jonathan Philpot said superannuation will become a “far bigger tax planning tool” this year now that the rules have been changed and PAYG earners can now contribute a personal super contribution and claim that as tax deduction.

Read the full article at SMSF Adviser.

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