Did you know that you can boost your super savings by using the unused carry forward concessional contributions cap? Put simply, the unused cap allows individual to carry forward any unused amounts from their concessional contributions cap starting from 1 July 2018. This measure is particularly useful for people that have taken a break from work whether voluntarily or otherwise and gives those individuals a chance to “catch-up” on super contributions they missed.
![](https://www.theaccountingdivision.com.au/wp-content/uploads/2016/06/ContractorsVsEmployee-300x157.jpg)
Contractors Vs Employees
This topic is one of great confusion to many small business owners. They engage with a contractor. The contractor provides them with a valid invoice,