Premier Financial Planning & Investment Services

Today, on International Women's Day, we celebrate and appreciate Sue & Katie who not only keep us in line, but make our office what it is today 💜

Accelerating gender equality through economic empowerment - UN Women Australia 2024

Super contribution caps to increase from July 1 2024 👏

In exciting news the Federal Government has announced superannuation contribution caps will increase on 1 July 2024.

The increase in caps will enable people to further maximise the growth potential of their hard earned retirement savings in the lead up to retirement.

From 1 July 2024, the concessional contribution cap will increase from $27,500 to $30,000 and the non-concessional cap will increase from $110,000 to $120,000.

So what is a contribution and what is the difference between the two?

- In the superannuation context, a contribution is anything of value that increases the capital of a superannuation fund.
- A concessional contribution (often referred to as pre-tax contributions) are payments made into a super fund from pre-tax income. All concessional contributions are part of the taxable component of super.
- A non-concessional contribution (often referred to as after-tax contributions) are payments made into a super fund from after-tax income. All non-concessional contributions are part of the tax free component of super.

For regular industry updates check out the "latest news" tab of our new website https://pfpis.au/

Disclaimer
This is not intended to be personal financial advice. It is for factual purpose only.
It is important you discuss contributions with your tax agent and financial adviser to ensure your situation is reviewed and contribution suitability and affordability is discussed.

Premier Financial Planning & Investment Services Assisting our clients reach their medium to long term financial goals by listening, analysing, planning, implementing and reviewing their financial strategies and objectives.

10 years!

This week, Troy celebrated 10 years at Premier Financial Planning.

Congratulations Troy 👏

Hello Everyone! 👋👋

Last night we held our Annual Financial Seminar for 2023.

The event that was initially scheduled for November 2022 was postponed due to the extensive flooding in our region.

Our clients were treated to presentations by guest speakers Leila Romanos and Chantall Barnes.

Leila is a Key Account Manager at Perpetual Ltd and provided an economic update.

Chantall from Deniliquin Travel Centre reintroduced us to the world of Travel and no doubt awoke the travel bug inside us all!

Thank you to all our valued clients for making the effort to attend.

Rob, Troy, Sue & Katie

Our End Street office will be closed this week due to the NSW lock down. We will be working from home, if you need to contact us please do so; Robert - 0457 305 785 and Troy - 0418 183 988.
We hope to be open again soon and seeing our valued clients.