Maximum superannuation contributions base

A maximum superannuation contribution base is an indexed limit, up to which an employer can contribute 9.5 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

Note: The Superannuation Guarantee rate for the 2016/2017 year is 9.5% (from 1 July 2016 to 30 June 2017). Effective since 1 July 2014, the SG rate increased to 9.5% (from the 9.25% that applied for the 2013/2014 year). The SG rate will now remain at 9.5% from 1 July 2014 through to 30 June 2021, … [Read more...]

Superannuation Guarantee: What is the maximum SG employers must pay?

Q: I am earning a salary of $200,000 plus super. I am aged 42. I understand a maximum contribution level applies based on a 9.5% SG contribution, before the balance up to $30K limit can be made on a salary sacrifice basis. Can you please confirm what the maximum SG contribution is allowed to be for … [Read more...]

Superannuation rates and thresholds for 2016/2017 year (and earlier years)

SUPER ALERT! On 3 May 2016, the federal government announced an IMMEDIATE cut to the non-concessional contributions cap, including a cessation of the bring-forward rule. Australians are now subject to a lifetime non-concessional cap of $500,000, rather than the annual cap of $180,000 (and the … [Read more...]

Upper limit on SG contributions (for 2016/2017 year, and for previous years)

Note: This article explains the maximum superannuation contribution base for the 2016/2017 year, for the 2015/2016 year, and for previous years.The maximum superannuation contribution base is used to determine the maximum Superannuation Guarantee (SG) contribution that an employer is required to … [Read more...]