WELCOME TO SEPTEMBER 2025
Super Newsletter
Making the Most of Super Contributions Superannuation offers generous concessions for accumulating wealth, but to truly maximise these opportunities, it's essential to understand the different ways you can add to your superannuation benefits. Let’s break it down.
1. Concessional Contributions These are contributions made by others on your behalf (like your employer), or ones you make yourself and claim as a tax deduction. Common examples include: Employer contributions (compulsory or salary sacrifice) Personal contributions you claim as a tax deduction
The 2026 financial year cap is $30,000. This cap applies to everyone, regardless of how much you have already accumulated in super.
2. Non-Concessional Contributions These are voluntary contributions made from your own money without claiming a tax deduction. Spouse contributions also fall into this category. The 2026 financial year cap is $120,000. If your super balance is $2 million or more at the start of the financial year, you are not eligible to make non-concessional contributions.
Can You Catch Up on Missed Contributions? Sure can, well at least for concessional contributions. If you haven’t used your full cap in previous years, you may be able to carry forward the unused portion for up to five years.