u/LooseCondition2984

I hope I’m either completely wrong, or at the very least this is common knowledge. I made the FHSS withdrawal request a couple of weeks ago not realising it was taxable. I was saved by virtue of only having $13k FHSS on top of my $70k income.

I imagine a lot of people that have more super and income are going to get a nasty shock when they realise EOFY ticking over means they’ll have to wait another year, particularly considering the ATO will slug you 20% if you don’t buy within 12 months.