New Super Rules Update - 1 July 2009

A number of new super rules proposed in the May Budget have now been passed into law and will apply from 1 July 2009.

Most importantly the maximum super contribution caps for salary sacrifice have been halved and there are penalty taxes for exceeding the caps. Please read the attached update on the new super rules which provides commentary on potential traps (there are many) + tips on potential opportunities.

Read the July_1 2009_Super Update article here.

Kind regards, Steven