Contributions caps and taxation of contributions
Taxation of contributions
Contributions may only be made to accumulation accounts. Contributions cannot be made to existing pensions. The tax treatment of contributions in the accumulation phase is summarised in the table below.
|Contribution type||Within cap||Exceeding cap||Effectively adds to:|
|Concessional||15%||Marginal Tax Rate||Taxable component|
Last modified: Tuesday, July 23, 2019