Super Contribution Limits for 2008/09

Concessional Contributions Cap -   $50,000 (no change from 2007/08)
This cap applies to employer contributions (including employer contributions made under salary sacrifice arrangements) and to personal contributions claimed as a tax deduction.

“Over 50s”Transitional Concessional Contributions Cap   $100,000 (this cap is not indexed)
This cap will apply to members who are already 50 or more or who attain age 50 during 2008/09.  This transitional cap applies until 2011/2012 tax year.

Non-Concessional Contributions Cap  -   $150,000 (no change from 2007/08)
This cap applies to personal contributions which have not or cannot be claimed as a tax deduction.  Also counted within this cap are excess concessional contributions and most third party contributions.

Personal Injury Contribution Cap  -  there is no cap for these types of contributions
CGT Contributions Cap - $1,045,000   (this cap has increased by $45,000 over the 2007/08 cap)
This cap applies to all CGT contributions which have been made since 10 May 2006 and is a lifetime cap.  The cap will apply if the contribution is a CGT contribution and the relevant superannuation member makes an election for the cap to apply.