downsizer contributions age changes

Downsizer Contributions Age Changes From 1 July 2022 | Taxwise Australia | (08) 9248 8124

Downsizer Contributions Age Changes From 1 July 2022

By Warren Kruger / July 12, 2022 / 0 Comments

From 1 July 2022, people aged 60 years and over will be eligible to make downsizer contributions of up to $300,000 per person ($600,000 per couple) from the sale proceeds of their home into their super.  For downsizer contributions made prior to 1 July 2022, eligible individuals must have been aged 65 years or older […]

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