What is the non-concessional contribution cap for 2014-2015 financial year?
- The non-concessional contribution cap or limit for the 2014-2015 financial year is $180,000 for people less than 49 years of age.
- You must have your Tax File Number noted with your super fund to make non-concessional contributions.
- Non-concessional contributions that are within the limit are not taxed in your super fund. Any excess contribution is taxed at up to 47-49% tax rate.
Read some more FAQS from our Superannuation section