Super Thresholds for 2013/14
22 March 2013
Super Thresholds for 2013/14
Summary of changes
The ATO has just released the Super Thresholds for 2013/14. The concessional and non-concessional contribution caps are unchanged due to the pause in indexation which applies for 2013/14.
The CGT contribution cap has been indexed. However, the retirement contribution sub-cap is not indexed.
The low rate cap amount applying to superannuation lump sums has been increased.
The discount to the account-based pension rates will cease 30 June 2013 and so the normal rates will apply to 2013/14.
The SGC rate will increase.
Dollar values
| Concessional contributions | $25,000 | (no change) | ||||||
| Non-concessional contributions | $150,000 | (no change) | ||||||
| Bring forward of non-concessional contributions | $450,000 | (no change) | ||||||
| CGT contributions cap | $1,315,000 | (previously $1,255,000) | ||||||
| Retirement component of CGT Cap | $500,000 | (unchanged) | ||||||
| Low rate cap amount | $180,000 | (previously $175,000) | ||||||
| Account-based pension rates | ||||||||
| Below age 65 | 4% | (previously 3%) | ||||||
| 65 to 74 | 5% | (previously 3.75%) | ||||||
| 75 to 79 | 6% | (previously 4.5%) | ||||||
| 80 to 84 | 7% | (previously 5.25%) | ||||||
| 85 to 89 | 9% | (previously 6.75%) | ||||||
| 90 to 94 | 11% | (previously 8.25%) | ||||||
| 95 and above | 14% | (previously 10.5%) | ||||||
| SGC Charge Percentage | 9.25% | (previously 9.0%) | ||||||
| Maximum SGC Contribution amount | not yet released | |||||||
| Co-contribution thresholds | not yet released |
| Back | Enquiry |