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Super Changes - Concessional Contributions

Posted 7 April 2017 12:34pm

From 1 July 2017, the Federal Government will lower the annual concessional contributions cap to $25,000 for all individuals as part of its 2016–17 Federal Budget Superannuation Reform Package.

To help you to understand how this change affects your super, we have developed a concessional contribution estimator.

The estimator is a simple-to-use, online tool to calculate your Concessional Contributions Cap Space - the difference between the concessional contributions cap and how much you have paid in concessional contributions across all your superannuation interests.

It is designed to help you manage your concessional contributions and avoid potential penalties for exceeding the cap.

The estimator is available now via Member Services Online (MSO). If you have never logged into MSO, you can quickly and easily register for a password using our Register Account tool.

For more information about the changes to the treatment of concessional contributions, see our Changes to Concessional Contributions factsheet [PDF 400kb].

For information about other measures in the Government’s Superannuation Reform Package, see our 2016-2017 Federal Budget page.

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