Fund tax treatment of contributions - Technical overview - 1

Taxable contributions are included in the assessable income of the fund and the taxable income of a super fund is taxed at 15%.

Taxable contributions typically comprise of:

Non-taxable contributions typically comprise of:

Employer contributions (including salary sacrifice)
Personal contributions nominated in a valid and acknowledged deduction notice
Assessable portion of an amount transferred from an overseas super/pension arrangement
Untaxed element of a rollover within $1,515,00010
Third party contributions (other than spouse and child contributions or co-contributions)

Personal contributions not nominated in a valid deduction notice
Downsizer contributions
CGT small business concession contributions
Personal injury contributions
Non-assessable portion of an amount transferred from an overseas super/pension arrangement
Excess untaxed roll-over amounts (net of 47% tax withheld by the paying fund).
Spouse contributions
Child contributions
Government co-contributions

Claiming tax deductions – personal super contributions

Contributions tax for higher income earners

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