| 2024-25 Super Rates and Thresholds |  | |
|---|---|---|
| Concessional contributions cap | $30,000 | |
| Non-concessional contributions cap | $120,000 | |
| Bring forward (non-concessional contribution) cap | $360,000 | |
| Transfer balance cap | $1,900,000 | |
| CGT cap | $1,780,000 | |
| Untaxed Plan cap | $1,780,000 | |
| Division 293 tax threshold | $250,000 | |
| Low-rate cap | $235,000 | |
| Pension Drawdown Minimum Rates | unchanged | |
| Super Guarantee Percentage | 11.5% | |
| Maximum super contributions base | $65,070 | |
| DASP taxable Component - taxed element - ordinary tax rate | 35% | |
| DASP taxable Component - untaxed element - Ordinary tax rate | 45% | |
| DASP taxable Component - taxed & untaxed element - WHM tax rate | 65% | |
| Preservation Age Date of Birth | ||
| Before 1 July 1960 | Preservation age 55 | |
| 1 July 1960 – 30 June 1961 | Preservation age 56 | |
| 1 July 1961 – 30 June 1962 | Preservation age 57 | |
| 1 July 1962 – 30 June 1963 | Preservation age 58 | |
| 1 July 1963 – 30 June 1964 | Preservation age 59 | |
| From 1 July 1964 | Preservation age 60 | |
| Life benefit termination payments ETP cap | $245,000 | |
| Death benefit termination payments ETP cap | $245,000 | |
| Whole of income cap | $180,000 | |
| Genuine redundancy & early retirement tax free | Base amount $12,524 | |
| Genuine redundancy & early retirement tax free | $6,264 (per complete year of service) | |
| SMSF fund LRBA interest rates - Real Property | tba | |
| SMSF fund LRBA interest rates - Listed Shares | tba | |
| 10-year Treasury bond rate | tba | |
| Average weekly ordinary time earnings (AWOTE) | updated here | |
This page was last modified 2024-04-20