01/07/2026
π¨ Super contribution cap update for FY 2026β27!
The concessional contributions cap β the amount you can put into super at the discounted 15% tax rate β is increasing from $30,000 to $32,500 this financial year.
That's an extra $2,500 you could be sheltering from your normal tax rate. π°
This includes:
β
Employer contributions (including compulsory super)
β
Salary sacrifice contributions
β
Personal contributions you claim as a tax deduction
For small business owners especially, this is a great opportunity to reduce your taxable income while boosting your retirement savings at the same time.