Superannuation

Caps - Before-tax super contributions (Concessional)
Before-tax super contributions (Concessional) Financial year Your age Your concessional contribution cap Table 1: Concessional contributions caps made fr...
Mon, 17 May, 2021 at 5:32 PM
Caps - Non-concessional contributions
Financial year Non-concessional cap Tax on amounts over cap 2017–18 $100,000 47% 2016–17 $180,000 47% (plus 2% budget repair levy) 2015–16 $180,000 47% (p...
Sat, 10 Mar, 2018 at 10:46 PM
Gov. Superannuation initiatives - Low income super contribution vs. Super Co-contribution
Government super contribution initiatives include: Super co-contributions Low-income super contributions (LISC) from 2012-13, and 2016-17 Low income sup...
Wed, 12 Jun, 2019 at 11:32 AM
Considerations of claiming a deduction on personal super contribution
Concessional contributions are made into your super fund before tax, and include contributions you are allowed as an income tax deduction  after 1 ...
Thu, 17 May, 2018 at 1:28 PM
Tax offset for super contributions on behalf of your spouse
Eligible On 1/7/17, you can be eligible for this $540 tax-offset if: your spouse's assessable income + total reportable fringe benefits + reportable ...
Wed, 12 Jun, 2019 at 4:18 PM
Super co-contribution
Eligibility Last modified: 13 Feb 2019QC 17469 You must satisfy the following: Your total income is less than $52,697 for 2019 financial year. have mad...
Wed, 12 Jun, 2019 at 11:32 AM
Claiming a deduction on your personal super contribution
You may be able to claim a tax deduction for personal super contributions that YOU MADE (not your employer made) to your super fund (i.e money from your ban...
Wed, 5 Jun, 2019 at 10:33 AM
Super bring-forward/carry-forward rule
Bring-forward rule: For non-concessional contributions Bring forward 3 years worth of caps in advance Condition: super balance < $1.4mil Instead of ...
Fri, 12 Jun, 2020 at 4:04 PM
Super guarantee opt out for high income earners with multiple employers
From 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (SG) from some of their employers. This ...
Wed, 5 Aug, 2020 at 2:52 PM