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Over 65s

Tax

Budget 2022- Downsizer extension

Bruce Collins, July 13 2021

Extension to Downsizer Contribution rules – Budget 2021-2022 Announcement In 2017-2018 Budget, the Government at the time announced reforms that would assist in reducing the pressure on housing affordability in Australia – one of which was the Downsizer contributions measure.  From 1 July 2018, individuals 65 years of age or older who met the...

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