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Voluntary contributions (after tax)


Non-Concessional Contributions

Non-concessional contributions are made into your super fund from after-tax income. These contributions are not taxed in your super fund.

There are caps on the non-concessional contributions you can make each financial year.

From 1 July 2017, the annual non-concessional (after tax) contribution cap was reduced from $180,000 to $100,000 per year. The cap will be indexed in line with the concessional contributions caps.

If you exceed your non-concessional contributions cap in a financial year, you must lodge a tax return for that year, and you may have to pay extra tax.

Non-Concessional Contributions Caps
Financial Year Non-Concessional Cap Tax on amounts over Cap
2020 – 2021 $100,000 47%
2019 – 2020  $100,000 47%
2018 – 2019  $100,000 47%
2017 – 2018  $100,000 47%
2016 – 2017  $180,000 47% (plus 2% budget repair levy)
2015 – 2016   $180,000  47% (plus 2% budget repair levy)
2014 – 2015   $180,000  47% (plus 2% budget repair levy)
2013 – 2014   $150,000  47%

Types of Non-Concessional Contributions include:
  • Contributions you make, or your employer makes on your behalf, from your after-tax income
  • Excess concessional (before-tax) contributions you have not elected to release from your super fund
  • Contributions your spouse makes to your super fund (unless your spouse makes the contributions because they’re your employer)
  • Contributions over your capital gains tax (CGT) cap amount
  • Personal contributions not claimed as an income tax deduction
  • Retirement benefits you withdraw from your super fund and ‘re-contribute’ to super
How to get started

If you’d like to start adding more to your super
through salary sacrificing. then consult with one
of our financial adviser

What Our Clients Say

“We would like to express our thanks for the work you have done for us over the past years. The expertise and attention to detail with which you have handled our financial affairs could not be faulted. Particularly reassuring to us is our feeling of certainty in the absolute integrity of your dealings with us. Your continual advice on financial planning issues has saved us significant amounts of money. May you prosper,
along with your clients.”

Dr Mutasim Sadiq

“We were very impressed with the support and updates provided by Irshad during our loan process. This process can be frustrating at the best of times and Irshad always made sure we were informed on the application progress. Thanks again for all your help.”

Rashed Mohammed Abu
IT Business owner

“I can’ t see how I could have organised this finance myself, given the difficulties with communication with the sellers and the solicitor, so we really thank you for all the chasing up you did for us.”

Dr Tabassum Hamid

“Meezan finance provided us an outstanding service throughout the whole application process. The staffs were very responsive to our needs, answered our telephone calls and emails promptly, followed up with sellers, solicitors and arranged property settlement for us. We are happy that through Meezan Finance we have achieved the best Islamic loan for our family’s needs. We have no hesitation in recommending Meezan wealth to anyone.”

Usman Saleem
Senior Technical Manager (IBM)

“Passion, knowledge and a genuine interest in achieving the best for clients is what makes a truly professional Financial Adviser. Rokibul always had this and more. His dedication to clients, business excellence and education sets him apart and I would highly recommend him to anyone wanting to achieve better financial outcomes.”

Sameer Syed
IT Developer (Inenco Group)

“I am absolutely delighted with your service. It is really refreshing to work with a financial adviser who is truly interested in their client’s needs, circumstances and preferences. What really impressed me was the way you took the time to get a feeling for where I was at, your depth of knowledge, lateral thinking and your common-sense approach. Your professional, ethical and caring demeanour elicits my trust and respect and I gladly recommend your services whenever possible.”

Amer Islam
IT Consultant

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Get in Touch

Our qualified team are ready to assist you with your questions.

Talk to Us

1300 141 145


Suite-104, 8 French Avenue, Bankstown, NSW 2200

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Deloitte Building, Level 15, 60 Station Street E, Parramatta 2150