Super contribution limits
There are limits on how much you can contribute through salary sacrifice. If you go over the limit, you will start to pay extra tax.
Contribution limits 2017 - 2018
- For the 2017 - 2018 financial year, the concessional cap is $25,000 for all individuals regardless of age.
How "concessional" contribution limits work
Salary sacrifice contributions are known as "concessional contributions". Concessional contributions also include the Super Guarantee contributions paid by your employer. Both salary sacrifice and your Super Guarantee contributions count towards your overall concessional contributions.
So, if you are wanting to sacrifice large sums or set up a monthly direct debit, you will need to take into consideration the contributions made by your employer to ensure you stay within the concessional tax limits.