Question: Simon is aged 41. During the current income year he worked for two employers and they have each contributed to his complying superannuation fund as
Simon is aged 41. During the current income year he worked for two employers and they have each contributed to his complying superannuation fund as follows: Employer 1: $20,000 Employer 2: $25,000 Is Simon required to pay any excess concessional contributions tax?
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Yes Simon is likely required to pay excess concessional contributions tax Heres why Concessiona... View full answer
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