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Non-concessional contributions

Non-concessional cap

Section: 5.2

5.2. Non-concessional cap

For members to age 74, the non-concessional contributions (NCC) limit for a given financial year is as follows:

Year Non-concessional cap (p.a.)
2022-23 $110,000
2021-22 $110,000
2017-18 to 2020-21 $100,000
2016-17 $180,000

Members aged up to 74, can make non-concessional contributions if they satisfy the following criteria:

$1.7 million

Total Super Balance (TSB)

A member with a total superannuation balance (TSB) of $1.7 million or more on 30 June of the previous financial year cannot make non-concessional contributions.    
   
     
   
Members aged 75 years and older:    
A member who is 75 years or older cannot make non-concessional contributions.    
For members 75 or older, a super fund can only accept
  • mandated super contributions made for the member by their employer, and 
  • downsizer contributions.  
   
However, if a member is turning 75 during a financial year, they can make a non-concessional contribution to their super fund up to 28 days after the end of the month in which they turn 75.    

This technical resource is intended for the use of financial advisers only. It is current as at the date of publication but may be subject to change. This publication has been prepared without taking into account a potential investor's objectives, financial situation, needs or objectives. Before making a recommendation based on this material, you should consider its appropriateness based on the client's objectives, financial situation and needs. Rainmaker Group is not a registered tax agent under the Tax Agent Services Act 2009. Your client should refer to a registered tax agent before relying on information published herein that may impact their tax obligations, liabilities or entitlements.

Last modified: Tuesday, February 22, 2022