Starting in July 2024, there will be changes to various superannuation rates and caps including the contribution caps. To ensure you have all the necessary updates at your fingertips, we’ve compiled a detailed table outlining the new parameters.
| Year | Concessional | Non-concessional | Maximum Bring Forward | General Transfer Balance Cap |
|---|---|---|---|---|
| 2024-25 | $30,000 | $120,000 | $360,000 | $1,900,000 |
| 2023-24 | $27,500 | $110,000 | $330,000 | $1,700,000 |
| 2021-22 | $27,500 | $110,000 | $330,000 | $1,700,000 |
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The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.
Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.
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