Partial property sales can be used to make a downsizer contribution, but carving up land for the same purposes will not create eligible contributions.

Advisers are showing a high degree of interest in the changes to the downsizer contributions thresholds and the amendment to the work test rules.

A notice of intent for personal deductible contributions can only be varied downwards and revised timeframes may apply.

SMSF members drawing a pension can still use recontribution strategies to reduce tax within their fund and for future beneficiaries.

Legislation recently passed implementing changes to the superannuation contribution rules emphasises where technical information should be sourced from.

Legislation to further reduce the eligibility age to make downsizer contributions has been introduced into parliament only weeks after a similar change commenced.