Key superannuation rates and thresholds

Non-concessional contributions cap

Non-concessional contributions include personal contributions for which you do not claim an income tax deduction.

Income year

Amount of cap

2013-14

$150,000

2012-13

$150,000

2011-12

$150,000

2010-11

$150,000

2009-10

$150,000

2008-09

$150,000

2007-08

$150,000

In accordance with subsection 292-85(2) of the ITAA 1997, the non-concessional cap for an income year is a multiple of the concessional contributions cap. The new indexed amount is generally available each February.

People under 65 years old may be able to make non-concessional contributions of up to three times their non-concessional contributions cap over a three-year period. This is known as the 'bring-forward' option.

The bring-forward cap is three times the non-concessional contributions cap of the first year. If you brought forward your contributions in 2007-08, it would be 3 x $150,000 = $450,000.

For more information, see Super contributions - too much super can mean extra tax.

Transitional arrangement for the non-concessional contributions cap between 10 May 2006 and 30 June 2007

Between 10 May 2006 and 30 June 2007, you could contribute up to $1 million of non-concessional contributions to your super fund. This limit was referred to as the transitional non-concessional contributions cap. If you had more than one fund, all non-concessional contributions made to all your funds were added together and counted towards the cap.

However, the following contributions were excluded from the $1 million transitional non-concessional contributions cap:

contributions arising from personal injury payments
up to $1 million of contributions derived from the disposal of certain small business assets - these contributions were subject to the capital gains tax (CGT) cap.

Sections within Contributions caps

Last Modified: Wednesday, 27 February 2013