An excess concessional contribution (ECC) charge is applied to the additional income tax liability arising as a result of having
Read MoreExceeding contribution caps – how is it taxed?
Should an individual exceed their concessional contribution cap, the excess contributions are included in their income tax return and taxed
Read MoreDivision 293 tax
From 1 July 2012, Division 293 tax will be applied to certain superannuation contributions to reduce the concessional tax treatment
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