News : Contributions

SMSFs need Payday Super proactivity

May 12, 2026

SMSFs must take proactive steps to be ready for Payday Super or risk employer contributions failing to reach their fund.

May 5, 2026

The ATO has indicated a larger number of SMSFs are failing to act on release and commutation authorities issued to them.

April 14, 2026

Amounts in excess of an individual’s concessional contributions cap will be included in that person’s assessable income for the year.

March 10, 2026

Super fund members should not completely rely on the myGov concessional contributions data if the carry-forward rules have been used.

March 3, 2026

Contributions caps have been confirmed to rise alongside the general transfer balance cap at the start of the next financial year.

February 3, 2026

The general transfer balance cap will undergo its third increase in four years after inflation spiked at the end of last year.

January 13, 2026

The recent movement in AWOTE figures indicates the superannuation contributions caps are set to increase from 1 July 2026.

December 17, 2025

An application to have the downsizer contribution deadline extended will only be successful if there is a legitimate reason behind the request.

December 15, 2025

To maximise the tax-free component of their super by withdrawing and recontributing, SMSF members should put the money back into a different fund.

December 1, 2025

In order to be able to make a downsizer contribution, SMSF members must actually receive some proceeds from the sale of their existing residence.