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J Tax on no-TFN quoted contributions

Last updated 12 February 2019

Show at J the amount of additional tax payable on no-TFN quoted contributions shown at R3 No-TFN quoted contributions (31.5% for complying superannuation funds and 1.5% for non-complying superannuation funds). If the amount shown at R3 is zero, then the amount you show at J is zero.

Use example 5 to help you calculate tax on no-TFN quoted contributions.

You must include at T1 Tax on taxable income the tax calculated at the standard rate on no-TFN quoted contributions included in taxable income (15% for a complying fund or 45% for a non-complying fund), as shown in example 5.

See Appendix 3: Tax rates for more information on the applicable tax rates. There are special provisions for no-TFN quoted contributions; see R3 No-TFN quoted contributions in these instructions for further information.