Submission

Tuesday, 24 January 2017

ATO issues guidance on amendments to the calculation of concessional contributions

LCG 2016/D11 provides guidance around amendments to the calculation of concessional contributions and excess concessional contributions in the Act apply to contributions and amounts allocated by superannuation providers under the new rules from 1 July 2017. AIST welcomes the guidance, and takes the opportunity to raise potential areas for clarification.