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Since 2014/15, the annual non-concessional contributions cap was $180,000 (or $540,000 in a three-year period under the bring-forward rule [7]), up from $150,000 and $450,000 previously. Non-concessional contributions under the "non-concessional contributions cap" are not taxed in the fund. [1]
Non-concessional contributions are made into the superannuation fund from after-tax income. These contributions are not taxed in the superannuation fund. As of 1 July 2021, the non-concessional contributions cap is $110,000 per annum. Members 66 years or younger have the option of utilizing the "bring-forward" rule which allows an eligible ...
A capital gains tax (CGT) was introduced in Australia on 20 September 1985, one of a number of tax reforms by the Hawke/Keating government. The CGT applied only to assets acquired on or after that date, with gains (or losses) on assets owned on that date, called pre-CGT assets, not being subject to the CGT.
2022 was a wild year for the real estate market as interest rates climbed and inflation soared. The new year is looking to be rife with challenges for both buyers and sellers, as mortgage rates are...
The Israeli-American Alexander twins, 37, and their older brother Tal, once wealthy, high-flying real estate brokers who moved in some of the most elite circles in New York and Florida, are facing ...
Elizabeth Hurley fans can always count on the model to post stunning selfies and swimsuit pics, and the 59-year-old's most recent social media post definitely didn't disappoint.. Hurley took to ...
A real life illustration as to the impact of the Home Valuation Code of Conduct (HVCC) on the appraisal industry is The Appraisal Corp in Orange County CA. The firm was founded in 1988. In 2006 the firm employed a staff of approximately forty professional and clerical persons. Many of the employees having been with the firm from its beginning.
(1) Any person interested in land in Ontario, or the guardian of a minor entitled to the immediate possession of an estate therein, may bring an action or make an application for the partition of such land or for the sale thereof under the directions of the court if such sale is considered by the court to be more advantageous to the parties ...