Excess Concessional Contribution charge explained
An excess concessional contribution (ECC) charge is applied to the additional income tax liability arising as a result of having ...
Exceeding 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 ...
2015/2016 Contribution Limits
For the 2016 financial year, commencing 1 July 2015, the concessional contribution cap (limit per member) is $30,000. For individuals ...
Deferral of higher concessional contributions cap for individuals aged 50 and over
As at 1 July 2012, all individuals have a cap of $25,000 for all concessional superannuation contributions. Previously people over ...
Concessional contribution caps
Concessional contribution caps – The superannuation concessional contributions cap will remain at $25,000 in 2013-14. …
