About the measure
In December 2017 legislation was passed for the Contributing the proceeds of downsizing into superannuation measure, a part of the Australian Government's broader housing affordability package.
The new measure allows people who are 65 years and over to make a contribution into their superannuation after selling their home.
The ATO has developed a fact sheet that includes information about the measure, eligibility and how to make a downsizer contribution.
Download the fact sheet here.
Have any questions?
For more information visit: ato.gov.au/downsizing