Key superannuation rates and thresholds

Tax-free part of genuine redundancy payments and early retirement scheme payments

This table shows the limit set for genuine redundancy and early retirement scheme payments. For earlier years, see Tax-free part of bona fide redundancy payments and approved early retirement scheme payments limits.

Income year	Base limit	For each complete year of service
2012-13	$8,806	$4,404
2011-12	$8,435	$4,218
2010-11	$8,126	$4,064
2009-10	$7,732	$3,867
2008-09	$7,350	$3,676
2007-08	$7,020	$3,511

In accordance with section 960-275 of the ITAA 1997, the base limit and service amount is indexed in line with AWOTE each income year. The new indexed amount is generally available each May.

Sections within Employment termination payments

• ETP cap amount
• ETP cap amount for life benefit termination payments
• ETP cap amount for death benefit termination payments
• Transitional ETP cap amounts up to 30 June 2012
• Tax-free part of genuine redundancy payments and early retirement scheme payments
• ETP tax table