Stay Updated with Investax!

Sign up for our newsletter to receive the latest tax insights and financial tips directly to your inbox.

  • ✓ Expert Analysis
  • ✓ Industry News
  • ✓ Exclusive Offers
Newsletter Signup with Name
What are Contribution caps in a Self-Managed Superfund?

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