Maximum superannuation contributions base

A maximum superannuation contribution base is an indexed limit, up to which an employer can contribute 9.25 per cent of an employee’s salary. If a person’s income for Superannuation Guarantee purposes exceeds this base, the employer makes contributions on the basis of the maximum superannuation contribution base.

Set out below are all SuperGuide articles explaining Maximum superannuation contributions base.

Superannuation Guarantee: 10 facts about your SG entitlements

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If you work as an employee, and you satisfy certain minimum requirements, your employer must pay Superannuation Guarantee (SG) contributions on your behalf, to a super fund. Here is a list of 10 of the most important SG facts that you need to know: Your employer must make super contributions, … [Read more...]

Super rates and thresholds for the 2013/2014 year

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For the 2013/2014 year, the concessional contributions caps for over-60s has jumped to $35,000, while the concessional cap for everyone else remains at $25,000. The ATO has also released other updated superannuation rates and thresholds for the 2013/2014 year. Concessional contributions … [Read more...]

Superannuation Guarantee: What is the maximum SG that my employer must pay?

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Q: I am earning a salary of $270,000 including super. I am aged 42 and I understand a maximum contribution level applies based on a 9.25% SG contribution, before the balance up to a $50K limit must be made on a salary sacrifice basis. Can you please confirm what the maximum SG contribution is … [Read more...]

Upper limit on SG contributions (2013/2014 year)

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Note: This article explains the maximum superannuation contribution base for the 2013/2014 year. You can also find the MSCB for the 2012/2013 year, and previous years, at the end of this article. The maximum superannuation contribution base is used to determine the maximum Superannuation … [Read more...]

What is the maximum contribution allowed for $271,000 salary?

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Q: I am earning a salary of $271,000 including super. I am aged 42 and I understand a maximum contribution level applies based on a 9% SG contribution before the balance up to a $50K limit must be made on a salary sacrifice basis. Can you please confirm what the maximum contribution is allowed to … [Read more...]