ATO announces 2015/16 superannuation rates and thresholds

The ATO have announced the caps on the amount you can contribute to your superannuation for the 2015/16 financial year. 

*The lower income threshold has been increased $35,454 and the higher income threshold has been increased to $50,454

If you contribute more than these caps you may have to pay extra tax.

For more information please contact:

Melanie Twomey
Senior Associate
Harwood Andrews
T: 03 5225 5238
E: mtwomey@harwoodandrews.com.au