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  • Low rate cap amount

    The low rate cap amount is the limit set on the amount of taxable components (taxed and untaxed elements) of a super lump sum that can receive a lower (or nil) rate of tax. It applies to members that have reached their preservation age but are below 60 years.

    It is a lifetime cap which is reduced by any amount previously applied to the low rate threshold.

    Table 9: Low rate cap amount

    Income year

    Amount of cap

    2021–22

    $225,000

    2020–21

    $215,000

    2019–20

    $210,000

    2018–19

    $205,000

    2017–18

    $200,000

    2016–17

    $195,000

    2015–16

    $195,000

    2014–15

    $185,000

    2013–14

    $180,000

    2012–13

    $175,000

    2011–12

    $165,000

    2010–11

    $160,000

    2009–10

    $150,000

    2008–09

    $145,000

    2007–08

    $140,000

    The low rate cap amount is indexed in line with AWOTE, in increments of $5,000 (rounded down). The new indexed amount is generally available each February.

    Last modified: 01 Oct 2021QC 18123