Contributions Limits

How much you can pay into super 

Below we set out the current  annual caps on contributions:

Type of contribution

 

annual caps

(from 1 July 2017)

Concessional (before tax)
(including employer contributions (e.g. Superannuation Guarantee),
any amount you salary sacrifice into super and personal contributions that you claim as a tax deduction)

$25,000

(all ages)

Non-concessional (after tax)
(personal contributions for which you do not claim an income tax deduction, and spouse contributions)

$100,000*

*If you are under 65 years of age, you may be able to make non-concessional contributions of up to three times the annual cap in a single year. The maximum bring-forward amount is $300,000.

If your total super balance is over $1.6 million, no further non-concessional contributions will be permitted in any year.
Any amounts contributed in excess of the caps will be taxed at your marginal tax rate or higher. The contribution caps and the $1.6 cap apply in total across all of your superannuation accounts.

If you have any questions please contact legalsuper on 1800 060 312.