Concessional and Non-Concessional Superannuation Contributions
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Non-Concessional Caps
Contributions Caps (inclusions and exclusions)


Concessional Contributions (CC) Cap

 Concessional contributions are “before-tax” contributions included in the assessable income of a fund

Income Year  Date Your age at this date Your concessional contribution cap  Treatment of excess concessional contributions
2016-17  30-Jun-16 <49 $30,000 Included as taxable income, taxed at marginal rate plus an excess concessional contributions charge 
 49+$35,000
2015-16  30-Jun-15
 <49 $30,000
 49+$35,000
2014-15  30-Jun-14
 <49 $30,000
 49+ $35,000 
2013-14  30-Jun-13
 <59 $30,000
 59+$35,000
2012-13 All ages $25,000 Taxed at 46.5% (15% levied in super fund, additional 31.5% payable)
2011-12 30-Jun-12
 <50$25,000
 +50 $50,000 
2010-11 30-Jun-11
 <50 $25,000 
 +50$50,000
2009-10 30-Jun-10
 <50 $25,000 
 +50 $50,000 
2008-09  30-Jun-09
 <50 $50,000 
 +50$100,000 
2007-08  30-Jun-08
 <50 $50,000 
 +50$100,000 

*  Any concessional contributions in excess of the CC cap will also count towards the individual's non-concessional contributions cap, where the excess amount is not refunded to the member.


Non-Concessional Contributions (NCC) Cap

 Non-concessional contributions are “after-tax” contributions that are not included in the assessable income of a fund

Income Year Amount of cap Treatment of excess non concessional contributions
2016-17 $180,000 Option to release excess non concessional contributions. Include as personal income 'associated earnings, taxed at marginal rate. If not released, taxed at 49%





2015-16 $180,000
2014-15 $180,000
2013-14 $150,000
2012-13 $150,000 Taxed at 46.5%



2011-12 $150,000
2010-11$150,000
2009-10$150,000
2008-09  $150,000 
2007-08  $150,000 

*  Individuals who are under age 65 at any time during the income year, can make non concessional contributions up to 3 times their annual non concessional contribution cap for the year, over a three year period. This is known as the "bring forward rule". The "bring forward rule" is triggered automatically if non concessional contributions in excess of the annual cap are made in a single income year.

Superannuation Contributions Caps (inclusions and exclusions)

Superannuation Contribution Cap Contributions that count towards the contribution cap (this is not a complete list) Contributions that do not count towards the contribution cap (this is not a complete list)
Concessional contribution cap
  • Employer contributions
  • Member personal contributions claimed as a tax deduction
  • The taxable component of a directed termination payment (DTP) in excess of the lifetime DTP cap of $1 million (not indexed)
  • Assessable amounts transferred from reserves
  • A transfer from a foreign superannuation fund that is in excess of member’s vested amount at the time of transfer
  • Other amounts paid to the fund by the ATO (i.e. the shortfall component of super guarantee charge; transfers from the SHA special account)  
  • Non-concessional contributions
  • Capital gains tax (CGT) contributions
  • Personal injury settlements
  • A rollover superannuation benefit
  • The taxable component under the lifetime DTP cap of $1 million or the tax-free component of a directed termination payment (DTP)
  • A transfer from a foreign superannuation fund that does not exceed member’s vested amount at the time of transfer   
Non-concessional contribution cap
  • Member contributions (for which no tax deduction has been claimed)
  • Excess concessional contributions
  • Excess CGT contributions
  • Spouse contributions
  • Amounts transferred from a foreign superannuation fund, excluding amounts included in the fund’s assessable income
  • Concessional contributions below the concessional contributions cap
  • CGT contributions below the CGT cap
  • Personal injury settlements
  • A rollover superannuation benefit
  • The tax-free component of a  directed termination payment (DTP) 
  • A government co-contribution


CGT Cap Amount

The CGT Cap Amount allows an eligible taxpayers to make an election for a contribution to be counted under this separate cap, which does not count towards the non-concessional cap. This is a life time cap and is indexed in line with Average Weekly Ordinary Time Earnings (AWOTE), in increment of $5,000.

Income Year Amount of cap
2016-17 $1,415,000
2015-16 $1,395,000
2014-15 $1,355,000
2013-14 $1,315,000
2012-13 $1,255,000
2011-12 $1,205,000
2010-11$1,155,000
2009-10$1,100,000
2008-09  $1,045,000
2007-08  $1,000,000
 


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