Finance News

financial freedom

Maximize Your Wealth: Understanding the increases to Super Contribution Caps in 2024

Increases to Superannuation Contribution Caps Recent wage increases will lead to higher super contribution caps for the 2024–25 income year. The Australian Taxation Office (ATO) has announced that both the concessional and non-concessional contribution caps will be raised from 1 July 2024, following the release of the latest average weekly ordinary time earnings (AWOTE) figure. […]

Maximize Your Wealth: Understanding the increases to Super Contribution Caps in 2024 Read More »