Tax on contributions
The tax payable on super contributions depends on the contribution type, your income and other factors.
What tax is payable on concessional contributions?
Concessional contributions (CCs) are generally taxed in the fund at up to 15%. This assumes you:
- don’t exceed the CC cap.
- don’t need to pay Div 293 tax, and
- aren’t eligible for the Low income super tax offset.
CCs include:
- Generally, all contributions from an employer (e.g. superannuation guarantee and salary sacrifice).
- personal contributions claimed as a tax deduction, and
- certain other amounts, see the Australian Taxation Office for more information.
What tax is payable on non-concessional contributions?
Non-concessional contributions (NCCs) are not taxed, provided you don’t exceed the NCC cap.
NCCs include:
- personal contributions you make into your own super account that are not claimed as a tax deduction.
- personal contributions made by your spouse into your super account (spouse contributions), and
- certain other amounts, see the Australian Taxation Office for more information.
What next?
To find out more about the various tax concessions that may be available when contributing to super, check out How can I grow my super.
Got a question?
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General advice and information only
Any advice and information on this website is general only, and has been prepared without taking into account your particular circumstances and needs. Before acting on any advice on this website you should assess or seek advice on whether it is appropriate for your needs, financial situation and investment objectives.
Tax disclaimer
Any general tax information on this website is intended as a guide only and is based on our general understanding of taxation laws. It is not intended to be a substitute for specialised taxation advice or an assessment of your liabilities, obligations or claim entitlements that arise, or could arise, under taxation law, and we recommend you consult with a registered tax agent.
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