What is the concessional contributions cap?
For 2023/24, the concessional contribution cap is $27,500 per year. This covers all before-tax contributions - employer super payments, salary sacrifice and the personal contributions you claim as a tax deduction. If you earn less than $250,000 p.a. these contributions are taxed at 15% (concessional rate). If you earn above that, contributions are taxed at 30%.