October 19th, 2011
In recent years, there has been an increase in the number of people who have contributed over and above their superannuation contributions cap. Exceeding the superannuation contributions caps can result in Excess Contributions Tax being payable on contributions above the cap.
To assist you in determining how much you can contribute during the year, please read the following fact sheet, which outlines the various contributions caps:
ATO Super Contributions Caps Fact Sheet
For more information, please contact our office.
