Show download pdf controls
  • R5 Pre 1 July 1988 funding credits



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Show at R5 the amount that a complying superannuation fund chooses to reduce contributions that would otherwise be included in its assessable income, by applying that amount of available pre-1 July 1988 funding credits under section 295-265 of the ITAA 1997. Subsection 295-265(2) sets out the methodology to determine when funding credits are available and subsections 295-265(5) and (6) limit the quantum of funding credits that may be used.

    R5 is used to determine R Assessable contributions.

    Last modified: 02 Oct 2019QC 21714