Reducing barriers to downsizing

http://blog.revolutionadvisors.com.au/reducing-barriers-to-downsizing/

This year’s Federal Budget announced a new measure to help encourage older people to downsize from homes that no longer meet their needs. From 1 April 2018, those aged 65 years and over will be able to make an additional non-concessional contribution of up to $300,000 from the sale proceeds of their principal residence that […]