Help more SMSF clients

From 1 July 2024, there will be changes on Super Contribution Rules that could help your customers with their SMSF borrowing needs! So what's changing?

• Super Guarantee Contributions (SGC) increased from 11% to 11.50%.
• Concessional contributions superannuation cap increased from $27,500 to $30,000.
• Non-concessional contributions cap increased from $110,000 to $120,000.

New serviceability calculators reflecting the changes will be released shortly. If you have any questions about these changes, reach out to your helpful CHL BDM!