just got a letter from the ato, page-5

  1. Golden Fleece
    3,518 Posts.
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    11/02/12
    15:10
    Post #: 9679592
    If you are self-employed you could treat the excess as an undeducted contribution.

    No tax deduction for that bit but no excess contributions tax either.

    Just a thought, not advice.

    GF
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