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Contributions caps and taxation of contributions

Taxation of non-concessional contributions

Section: 5.19

The tax treatment of non-concessional contributions in the accumulation phase is summarised in the table below.

Amount Tax rate
Within cap Nil
Exceeding cap and not withdrawn 47% which must be paid from fund
Exceeding cap and either:
  • Excess + 85% of associated earnings withdrawn, or
  • Insufficient funds in super to withdraw
Associated earnings assessable to individual and taxed at MTR (less a 15% tax offset)

Last modified: Wednesday, July 24, 2019