Menu
Refer a Friend
Refer a Friend
Appointment
Appointment
Newsletter
Hot Topics

Tax Facts - Superannuation Contributions for High Income Earners

Additional tax on super contributions at the rate of 15% is imposed on individuals whose combined income and contributions are greater than a certain threshold. From 1 July 2017 this threshold is $250,000. Prior to this it was $300,000. For affected individuals, this effectively increases the rate of tax on their superannuation contributions from 15% to 30%.

The additional tax can be paid personally by the taxpayer or the taxpayer can apply to his/her superannuation fund to have the necessary amount released and paid to the ATO.

Resources

Please click on one of the following links to access additional resources:

Contact Us

Tamworth Office

82 Brisbane Street
Tamworth, NSW 2340

Phone 02 6766 4716
Fax 02 6766 8155
Send an enquiry

Map
Find us on the map

Coonabarabran Office

27a Little Timor Street
Coonabarabran, NSW 2357
Send an enquiry

Map
Find us on the map

LogoLogoLogoLogoLogo