During the previous financial year, Theo who is aged 48 made concessional contributions to superannuation of $20,000.
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During the previous financial year, Theo who is aged 48 made concessional contributions to superannuation of $20,000. As at 1 July of the current year, he has a total superannuation balance of $370,000. What is the maximum concessional contribution that Theo can make during the current financial year?
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Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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