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There's zero tax on the contribution and 15% on the earnings...

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bacci

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17/05/20

15:40

Post #: 44664826
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Originally posted by rookstar ↑

Hi,

Do you know what the tax rate is for non concessional after tax contibutions?
I know the limit is $100,000.00 per year and is tax free once deposited.
But the earnings on this money must be taxed at 15%?

Is this right?

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There's zero tax on the contribution and 15% on the earnings until it starts paying a pension.
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