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Increase the superannuation contributions caps from 1 July 2014

 

Concessional contributions general cap for a given income year

Income year

Amount of general cap

2014-15

$30,000

2013–14

$25,000

 

 

Concessional contributions cap for those aged 59 years or over on 30 June 2013 and those aged 49 years or over on 30 June 2014

Income year

Cap for those aged 59 years or over on 30 June 2013

Cap for those aged 49 years or over on 30 June 2014

2014–15

$35,000

$35,000

2013–14

$35,000

$25,000

Non-concessional contributions cap for a given income year

 

Income year

Amount of cap

 

2014-15

$180,000

 

2013–14

$150,000

 

 

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