Superannuation Work Test

Meeting the Superannuation Work Test is required for members who have reached age 65 and wish to make or receive certain contributions. The Government did not make any changes to the superannuation work test from 1 July 2017. Members under age 65 are not required to...

Non-Concessional Meaning

The meaning of Non Concessional for superannuation purposes refers to contributions made to superannuation where a tax deduction has not been claimed by the contributor. There are two types of contributions that can be made to superannuation: Non-Concessional...

SGC Cap 2017

The SGC Cap generally refers to the maximum superannuation contribution base. The SGC cap threshold for the 2017 / 2018 year is based on the quarterly earnings of an employee. An employer is only required to make mandatory superannuation guarantee contributions (SGC)...