var wpdm_url = {"home":"https://atotaxrates.info/","site":"https://atotaxrates.info/","ajax":"https://atotaxrates.info/wp-admin/admin-ajax.php"};
var wpdm_js = {"spinner":"\u003Ci class=\"wpdm-icon wpdm-sun wpdm-spin\"\u003E\u003C/i\u003E","client_id":"fa71c9db33f5e0277e24bc569e7b9305"};
var wpdm_strings = {"pass_var":"Password Verified!","pass_var_q":"Please click following button to start download.","start_dl":"Start Download"};
//# sourceURL=wpdm-frontjs-js-extra
The concessional contributions “normal” tax rate on super funds is 15%, but for income earners with income over $250,000, the rate is 30%.
Concessional contributions are those for which a tax deduction has been obtained.
Under new rules, from 1 July 2026 the tax rate on earnings for super balances between $3 million and $10 million will be 30 per cent and on balances over $10 million the rate will be 40 per cent.
Superannuation contributions tax rules within limits provide a legal way to shield income from tax at normal rates, and build up retirement savings in the lower-taxed environment of a super fund.
Div 296 Modified Super Tax on Large Balances and LISTO Increase
Two new superannuation measures take effect from 1 July 2026 and 1 July 2027.
In general, tax deductible (“concessional“) superannuation contributions are taxed when received by a complying super fund at the rate of 15%.
Higher income earners‘ contributions are subject to an additional 15% (i.e. total 30%) on the over-$250,000 (over-$300,000 before 1 July 2017) slice of (income + contributions) under Division 293 which has applied since 1 July 2012.
Debt account interest – defined benefit interests
Payment of the Div 293 tax is deferred on defined benefit interests until a super benefit is actually paid. Payment of the the benefit crystallises the taxable amount and interest accumulates until that point.
The Tax Office calculates a “debt account” for each defined benefit interest for which Division 293 tax has been deferred. The interest is applied at the end of the tax year based on the Average 10-year Treasury bond rate for the preceding year.
If your income plus low-tax super contributions add up to more than the threshold (see table above) there is an extra 15% tax on the taxable contributions.
These are referred to as “Division 293” assessments. The first issue of these assessments were for the 2012-13 tax year in February 2014.
Non-tax deductible contributions, (also referred to as undeducted or non-concessional contributions) are not taxed at all, and ultimately can be withdrawn tax free.
There are times when it’s convenient or tax-preferable to make super contributions without claiming a tax deduction. This is to take advantage of a complying super fund’s investment income being taxed at the concessional rate of 15%, as well as (normally, and subject to limitations) being entitled to dividend franking credits.
This can result in the overall tax rate on the investments earnings being lower than it would otherwise have been if the investment income had been earned directly in the hands of an individual taxpayer paying tax at the tax scale marginal rates.
Contributions Tax Is Paid By The Super Fund (not you)
Tax on superannuation contributions is paid by the super fund.
Thus in cash flow terms the tax normally comes from the contribution itself or the fund, and won’t directly impact your personal income tax assessment or cash flow.
Contributions form part of a complying super fund’s taxable income , generally taxed at 15%, but with effective tax rates of 47% or even higher if qualifying conditions are not fully met.
Taxing Rates on Super Contributions Summary 3
Complying concessional (tax deductible) contributions within allowable limits to a complying fund (non-high income earners)
15%
“Breach” circumstances, such as contributions in excess2 of specified limits before 1 July 2013, or to a non-complying fund
47%*
From 1 July 2012: Higher income earners 1 concessional contributions within allowable limits to a complying fund – on the amount of the over-$250,000 ($300,000 before 1 July 2017) slice of (income + contributions) – Division 293 assessments
30% (i.e. 15% + 15%)
Refunded contributions since 30 June 2013 (see excess)
Marginal rate + interest
1 Applies to the excess over $250,000 ($300,000 before 1 July 2017) the income for surcharge purposes (other than reportable super contributions) Plus low tax contributions. For further info, see the EM for the Bill which passed through Federal parliament in late June 2013.
2 Contributions caps information is tabulated here and the changing treatment of excess contributions since 1 July 2011 is summarised here. * Includes medicare levy, 49% from 2014-15 to 2016-17.
3 Other than contributions, this article does not deal with the taxing of superannuation funds as such, which can derive other kinds of income taxed at varying rates according to circumstances and status.
Lower Income Earners Superannuation Tax Offset
For lower income earners (less than $37,000 a year) from 1 July 2012 until 30 June 2017 the Low Income Superannuation Contribution (“LISC”) scheme was in place, which is a refund of the 15% contributions tax up to a maximum of $500.
The Mining Tax repeal measures which gained the approval of Federal Parliament on 2 September 2014 provide for the removal of LISC from 1 July 2017.
From 1 July 2017 the Low Income Superannuation Tax Offset commenced, which operates in similar terms to effectively refund the 15% contributions tax to a maximum of $500 (i.e. equivalent to $3,333 on concessional contributions).
(function () {
function slugify(text) {
return String(text || '')
.toLowerCase()
.trim()
.replace(/&/g, ' and ')
.replace(/[^a-z0-9\s-]/g, '')
.replace(/\s+/g, '-')
.replace(/-+/g, '-')
.replace(/^-|-$/g, '');
}
function uniqueId(base, element) {
var safeBase = base || 'section';
var candidate = safeBase;
var index = 2;
while (document.getElementById(candidate) && document.getElementById(candidate) !== element) {
candidate = safeBase + '-' + index;
index += 1;
}
return candidate;
}
function isMobile() {
return window.innerWidth <= 679;
}
function getAdminBarHeight() {
var adminBar = document.getElementById('wpadminbar');
return adminBar ? adminBar.offsetHeight : 0;
}
function getNumberAttr(root, name, fallback) {
var raw = root.getAttribute(name);
if (raw === null || raw === '') return fallback;
var value = parseFloat(raw);
return isNaN(value) ? fallback : value;
}
function getManualTopOffset(root) {
return isMobile()
? getNumberAttr(root, 'data-dashboard-top-offset-mobile', getNumberAttr(root, 'data-dashboard-top-offset', 0))
: getNumberAttr(root, 'data-dashboard-top-offset', 0);
}
function getExtraOffset(root) {
return isMobile()
? getNumberAttr(root, 'data-dashboard-extra-offset-mobile', getNumberAttr(root, 'data-dashboard-extra-offset', 4))
: getNumberAttr(root, 'data-dashboard-extra-offset', 4);
}
function getMobileOffsetCap(root) {
return getNumberAttr(root, 'data-dashboard-mobile-offset-cap', 999);
}
function getStickyTop(root) {
return getAdminBarHeight() + getManualTopOffset(root);
}
function getShell(root) {
return root.querySelector('.wp-sticky-dashboard__shell');
}
function getPlaceholder(root) {
return root.querySelector('.wp-sticky-dashboard__placeholder');
}
function getShellHeight(root) {
var shell = getShell(root);
return shell ? shell.offsetHeight : 0;
}
function getRenderedFixedBottom(root) {
var shell = getShell(root);
if (!shell) return 0;
var rect = shell.getBoundingClientRect();
return rect.bottom;
}
function getEffectiveJumpShellHeight(root) {
var shellHeight = getShellHeight(root);
if (!isMobile()) return shellHeight;
return Math.min(shellHeight, getMobileOffsetCap(root));
}
function getJumpOffset(root) {
var shell = getShell(root);
if (!shell) return 0;
var extra = getExtraOffset(root);
if (root.classList.contains('is-fixed')) {
return getRenderedFixedBottom(root) + extra;
}
return getStickyTop(root) + getEffectiveJumpShellHeight(root) + extra;
}
function setHeadingOffsets(root, headings) {
var offset = getJumpOffset(root);
headings.forEach(function (heading) {
heading.style.scrollMarginTop = offset + 'px';
});
}
function scrollToHeading(root, heading) {
var offset = getJumpOffset(root);
var top = heading.getBoundingClientRect().top + window.pageYOffset - offset;
window.scrollTo({ top: Math.max(top, 0), behavior: 'smooth' });
}
function activate(root, id) {
root.querySelectorAll('.wp-sticky-dashboard__link').forEach(function (link) {
link.classList.toggle('is-active', link.getAttribute('data-target-id') === id);
});
}
function setShellNormal(root) {
var shell = getShell(root);
var placeholder = getPlaceholder(root);
root.classList.remove('is-fixed');
placeholder.style.height = '0px';
shell.style.position = 'relative';
shell.style.top = '0px';
shell.style.left = '0px';
shell.style.width = '100%';
}
function setShellFixed(root, topPx) {
var shell = getShell(root);
var placeholder = getPlaceholder(root);
var rootRect = root.getBoundingClientRect();
var vvOffset = (window.visualViewport ? window.visualViewport.offsetTop : 0);
root.classList.add('is-fixed');
placeholder.style.height = shell.offsetHeight + 'px';
shell.style.position = 'fixed';
shell.style.top = (topPx + vvOffset) + 'px'; // ← accounts for browser chrome
shell.style.left = rootRect.left + 'px';
shell.style.width = rootRect.width + 'px';
}
function updateStickyMode(root, scope) {
var shell = getShell(root);
if (!shell || !scope) return;
var stickyTop = getStickyTop(root);
var rootTopDoc = root.getBoundingClientRect().top + window.pageYOffset;
var scopeBottomDoc = scope.getBoundingClientRect().bottom + window.pageYOffset;
var shellHeight = shell.offsetHeight;
var start = rootTopDoc - stickyTop;
var stop = scopeBottomDoc - shellHeight - stickyTop;
var y = window.pageYOffset;
if (y < start) {
setShellNormal(root);
return;
}
if (y <= stop) {
setShellFixed(root, stickyTop);
return;
}
setShellFixed(root, stickyTop - (y - stop));
}
function initDashboard(root) {
if (!root || root.dataset.dashboardReady === 'true') return;
root.dataset.dashboardReady = 'true';
var scopeSelector = root.getAttribute('data-dashboard-scope') || '.entry-content';
var scope = document.querySelector(scopeSelector) || root.closest('article, main, .site-content, .site, body');
var linksWrap = root.querySelector('[data-dashboard-links]');
var minHeadings = parseInt(root.getAttribute('data-dashboard-min') || '2', 10);
if (!scope || !linksWrap) return;
var headings = Array.prototype.slice.call(scope.querySelectorAll('h2')).filter(function (heading) {
return !root.contains(heading) && heading.textContent && heading.textContent.trim().length;
});
if (headings.length < minHeadings) {
root.style.display = 'none';
return;
}
headings.forEach(function (heading) {
if (!heading.id) heading.id = uniqueId(slugify(heading.textContent), heading);
});
linksWrap.innerHTML = '';
headings.forEach(function (heading) {
var link = document.createElement('a');
var label = document.createElement('span');
label.textContent = heading.textContent.replace(/\s+/g, ' ').trim();
link.className = 'wp-sticky-dashboard__link';
link.href = '#' + heading.id;
link.setAttribute('data-target-id', heading.id);
link.appendChild(label);
link.addEventListener('click', function (event) {
event.preventDefault();
updateStickyMode(root, scope);
setHeadingOffsets(root, headings);
if (window.history && window.history.replaceState) {
window.history.replaceState(null, '', '#' + heading.id);
} else {
window.location.hash = heading.id;
}
activate(root, heading.id);
scrollToHeading(root, heading);
});
linksWrap.appendChild(link);
});
function refresh() {
updateStickyMode(root, scope);
setHeadingOffsets(root, headings);
}
if ('IntersectionObserver' in window) {
var observer = new IntersectionObserver(function (entries) {
var visible = entries.filter(function (entry) {
return entry.isIntersecting;
}).sort(function (a, b) {
return a.boundingClientRect.top - b.boundingClientRect.top;
});
if (visible.length) activate(root, visible[0].target.id);
}, {
root: null,
rootMargin: '-10% 0px -55% 0px',
threshold: [0, 0.2, 0.5, 1]
});
headings.forEach(function (heading) { observer.observe(heading); });
}
var ticking = false;
function onScrollOrResize() {
if (ticking) return;
ticking = true;
window.requestAnimationFrame(function () {
refresh();
ticking = false;
});
}
window.addEventListener('scroll', onScrollOrResize, { passive: true });
window.addEventListener('resize', onScrollOrResize);
window.addEventListener('orientationchange', onScrollOrResize);
if (window.visualViewport) {
window.visualViewport.addEventListener('resize', onScrollOrResize);
window.visualViewport.addEventListener('scroll', onScrollOrResize);
}
refresh();
if (window.location.hash) {
var hashTarget = document.getElementById(window.location.hash.slice(1));
if (hashTarget && headings.indexOf(hashTarget) !== -1) {
window.setTimeout(function () {
refresh();
activate(root, hashTarget.id);
scrollToHeading(root, hashTarget);
}, 80);
}
}
}
function boot() {
document.querySelectorAll('.wp-sticky-dashboard').forEach(initDashboard);
}
if (document.readyState === 'loading') {
document.addEventListener('DOMContentLoaded', boot);
} else {
boot();
}
})();
const abmsg = "We noticed an ad blocker. Consider whitelisting us to support the site ❤️";
const abmsgd = "download";
const iswpdmpropage = 0;
jQuery(function($){
});
var searchwp_live_search_params = [];
searchwp_live_search_params = {"ajaxurl":"https:\/\/atotaxrates.info\/wp-admin\/admin-ajax.php","origin_id":382,"config":{"default":{"engine":"default","input":{"delay":300,"min_chars":3},"results":{"position":"bottom","width":"auto","offset":{"x":0,"y":5}},"spinner":{"lines":12,"length":8,"width":3,"radius":8,"scale":1,"corners":1,"color":"#424242","fadeColor":"transparent","speed":1,"rotate":0,"animation":"searchwp-spinner-line-fade-quick","direction":1,"zIndex":2000000000,"className":"spinner","top":"50%","left":"50%","shadow":"0 0 1px transparent","position":"absolute"}}},"msg_no_config_found":"No valid SearchWP Live Search configuration found!","aria_instructions":"When autocomplete results are available use up and down arrows to review and enter to go to the desired page. Touch device users, explore by touch or with swipe gestures."};;
//# sourceURL=swp-live-search-client-js-extra
