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Tax on earnings


Earnings in super may be taxable or tax-free.

When are earnings taxable?

Earnings in super are taxed at a maximum rate of 15% while you build up your savings (known as the accumulation phase) or you have used your super to start a transition to retirement pension that is still in the pre-retirement phase.

This 15% tax rate may be reduced in the fund by tax deductions or tax credits.

Capital gains realised on assets held by the fund for more than 12 months are taxed at 10%.

When are earnings tax-free?

Earnings are tax-free if you have used your super to start an account based pension or defined benefit pension, or you have money in a transition to retirement pension that has entered retirement phase.



What next?

Find out more about Super and retirement rules.



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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.