Question: Mark is 45 years old and has a total superannuation balance on 30 June 2021 of $1.325m. During the 2021/22 financial year, he makes non-concessional

Mark is 45 years old and has a total superannuation balance on 30 June 2021 of $1.325m. During the 2021/22 financial year, he makes non-concessional contributions of $140,000 to his complying superannuation fund. Can Mark use the bring forward non-concessional contributions cap? If so, what is his bring forward period and how much non-concessional contributions can he make in the following year without breaching the non-concessional contributions cap?

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