FY24 Superannuation Factsheet

Understanding the facts and figures that may impact your Self-Managed Superannuation Fund (SMSF) is important, but it can be difficult to stay up-to-date on the latest numbers. BDO’s Superannuation Factsheet will guide you through the key information you should be aware of to help you better understand your SMSF.

This factsheet will help you to better understand your SMSF, including:

  • The difference between concessional and non-concessional contributions
  • When your Superannuation Guarantee needs to be made
  • Conditions of release.

If you have any questions, or would like to speak to a specialist regarding your SMSF, please contact our Superannuation team or learn more about our services.

This publication has been carefully prepared, but it has been written in general terms and should be seen as broad guidance only. The publication cannot be relied upon to cover specific situations and you should not act, or refrain from acting, upon the information contained therein without obtaining specific professional advice. Please contact the BDO member firms in Australia to discuss these matters in the context of your particular circumstances. BDO Australia Ltd and each BDO member firm in Australia, their partners and/or directors, employees and agents do not accept or assume any liability or duty of care for any loss arising from any action taken or not taken by anyone in reliance on the information in this publication or for any decision based on it.