Workforce increased 39,000 in April driven by the steep rise in...
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While the contribution caps will remain unchanged for the 2018–19 financial year, calculations performed by Thomson Reuters has revealed that other important thresholds for superannuation will increase.
Calculations performed by Thomson Reuters based on the latest indexation factors from the Bureau of Statistics has indicated that the CGT cap amount for non-concessional contributions will increase to $1.480 million for 2018–19, up from $1.445 million for 2017–18.
Read the full article on SMSF Adviser.