Super contributions

  1. 22,692 Posts.
    lightbulb Created with Sketch. 1254
    A question on Super Contributions.

    I read online that if you make a Non Concessionary Super Contribution (after tax) & then claimed the deduction on your tax return that is is treated as Concessionary Contribution ( pre tax) with regard to contribution caps.
    I.e the annual cap goes from changes from $120,000 in 2024/25 to $30,000.

    Can anyone confirm that this is correct?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.