Year of Income Concessional Contribution Cap Non-Concessional Contribution Cap Lifetime Cap
CGT Excluded
2014-15 $30,000 $180,000 $1.355m
2013-14 $25,000 $150,000 $1.315m
2012-13 $25,000 $150,000 $1.255m
2011-12 $25,000 $150,000 $1.205m
2010-11 $25,000 $150,000 $1.155m
2009-10 $25,000 $150,000 $1.100m
2008-9 $50,000 $150,000 $1.045m
2007-8 $50,000 $150,000 $1.000m

 

Indexation is in line with AWOTE in $5000 (rounded down) steps. The indexation base is Dec 2008 for the concessional contribution cap and Dec 2006 for the Lifetime cap. The age 50 and over non concessional is 6 times the concessional. 

 

Between 1 July 2007 and 30 June 2009 a transitional annual concessional contribution cap of $100,000 applied for people aged 50 or over. This was not indexed.  Between 1 July 2009 and 30 June 2012 a transitional annual concessional contribution cap of $50,000 applied for people aged 50 and over.  This was not indexed. A $35,000 cap applies to those aged 60 and over from 1 July 2013 and those aged 50 and over from 1 July 2014.

 

Concessional contributions include employer contributions, salary sacrifice contributions and personal contributions claimed as a tax deduction by a self-employed person.  A 'bring forward' option is available on non-concessional contributions for persons under age 65 i.e. up to $450,000 non-concessional contribution can be made over a three year period.  Between 10 May 2006 and 30 June 2007 a $1m non-concessional contribution could be made.