Contributions caps and taxation of contributions
Taxation of non-concessional contributions
The tax treatment of non-concessional contributions in the accumulation phase is summarised in the table below.
|Exceeding cap and not withdrawn||47% which must be paid from fund|
|Exceeding cap and either:
||Associated earnings assessable to individual and taxed at MTR (less a 15% tax offset)|
Last modified: Wednesday, July 24, 2019