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solution

Which of the following statements about making contributions
into super are TRUE:

An example of a non-concessional contribution is when an
individual deposits some funds from their bank account directly
into their super account. In order to make these contributions the
account balance must be below the Transfer Balance Cap and they are
normally subject to a 15% contributions tax.

An individual is working full-time but their spouse decides to
cut back in their paid work to only 2 days per week while they
raise some young children. The spouse’s income is only $30,000 per
year. It may be possible for the individual to make a
non-concessional contributions into their spouse’s super account
and claim a tax rebate for doing so.

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