Concessional contributions cap

Income year

Amount of cap

2011-12

$25,000

2010-11

$25,000

2009-10

$25,000

2008-09

$50,000

2007-08

$50,000

 

Non-concessional contributions cap

Income year

Amount of cap

2011-12

$150,000

2010-11

$150,000

2009-10

$150,000

2008-09

$150,000

2007-08

$150,000

CGT cap amount

Under the CGT cap, you can during your lifetime exclude non-concessional super contributions from the non-concessional contributions cap up to the CGT cap amount.

Income year

Amount of cap

2011-12

$1,205,000

2010-11

$1,155,000

2009-10

$1.1 million

2008-09

$1.045 million

2007-08

$1 million

Minimum annual payments for super income streams

Age

Minimum % withdrawal for the 2008-09, 2009-10 and 2010-11 years for certain pensions and annuities*

Minimum % withdrawal for the 2011-12 year for certain pensions and annuities*

Minimum % withdrawal (in all other cases)*

Under 65

2%

3%

4%

65-74

2.5%

3.75%

5%

75-79

3%

4.5%

6%

80-84

3.5%

5.25%

7%

85-89

4.5%

6.75%

9%

90-94

5.5%

8.25%

11%

95 or more

7%

10.5%

14%

 


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