SuperGuide

Simple superannuation and retirement planning information

Contributions caps

You can make two types of superannuation contributions to your super fund. You, or your employer, can make concessional (before-tax) contributions to your super fund. You, or your spouse, or the federal government, can make non-concessional (after-tax) contributions to your super fund.

For each type of super contribution there is an annual limit on how much of that type of super contribution can be contributed to your super account/s. If you exceed a certain amount of contributions each year however, any contributions above that cap must be withdrawn from the super account, or penalty tax must be paid.

You have two caps – a concessional contributions cap ($25,000 for the 2017/2018 year, and for the 2018/2019 year), and a non-concessional contributions cap ($100,000 for the 2017/2018 year, or for the 2018/2019 year).

For more information about the annual contributions caps, including how the caps are applied see the following SuperGuide links:

Set out below are all SuperGuide articles referring to Contributions caps.

Bring-forward rule: A definitive super guide

by 26 Comments

Note: The information in this article relates to the 2018/2019 financial year and the 2017/2018 financial year (and also refer to the rules applicable for the 2016/2017 financial year). Since 1 July 2017 (from the 2017/2018 year), a lower annual non-concessional (after-tax) contributions cap of $100,000 applies, and ... Read more

Spouse contributions tax offset: 10 facts you need to know

by 1 Comment

These days it’s rare for a government to be more generous about handing out benefits, but when it comes to helping boost your spouse’s super, that infrequent event is set to happen. Since 1 July 2017, the maximum income threshold for the spouse contributions tax offset jumped from the previous meagre upper limit of ... Read more

SuperGuide