Access Super Early To Buy Your First Home! (FHSSS)
The First Home Super Saver Scheme is a great way for first home buyers to break in to the Property Market. You can potentially use these strategies to fast track your deposit and buy your first home sooner rather than later!
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Пікірлер: 4
We used it too. Great benefits but needlessly complex for the average person. Anyone reading this and looking to buy soon, look into making 15k contribution for yourself and partner pre 30 June 2022 and 15k contribution for yourself and partner again in July 2022. Can save almost 10k depending on your tax rates. I don't know how useless the expanded scheme will be. What's the point of saving another 5k by waiting a year if you live in WA or QLD and the market moves by 10% in a year?
@lukewiles1
2 жыл бұрын
Haha yes definitely more complex than it needs to be...!
@liam8469
2 жыл бұрын
The ATO saids "From 1 July 2022, the amount of eligible contributions that can count towards your maximum releasable amount across all years will increase from $30,000 to $50,000". Does this means we can making 25k contribution before 30 June 2022 and 25k contribution after July 2022? (As we can use carry forward unused cap amounts)
Hi 😊 great video, thanks a lot! Just curious if you need to purchase a newly-built property or purchase of any property will be valid? Thanks again!