INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Subdivision 293-B - Sustaining the superannuation contribution concession  

Guide to Subdivision 293-B

SECTION 293-10   What this Subdivision is about  


This Subdivision reduces the superannuation tax concession for high income earners.

An individual ' s income is added to certain superannuation contributions and compared to the high income threshold of $250,000. A tax is payable on the excess, or on the superannuation contributions (whichever is less).

The tax is not payable in respect of excess concessional contributions.


TABLE OF SECTIONS
TABLE OF SECTIONS
Liability for tax
293-15 Liability for tax
293-20 Your taxable contributions
Low tax contributions
293-25 Your low tax contributions
293-30 Low tax contributed amounts
293-35 (Repealed by No 118 of 2013)


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