What was superannuation

Grow your super Salary sacrifice Super co-contribution Voluntary contributions Spouse contributions Contribution caps Tax deductions. Consolidate your super. Find your lost super. Changing jobs. Nominate beneficiaries. Early access. Seminars and education. Why retire with QSuper. How much super do you need to retire.

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Super Expand. Consolidate your super Grow your super Expand. Salary sacrifice Super co-contribution Voluntary contributions Spouse contributions Contribution caps Tax deductions. Furthermore, any contribution to an approved superannuation fund by the employer exceeding Rs 1. However, there was no maximum limit specified for such contribution made by the employer for an employee.

The budget presented on the 1st of February announced a combined upper limit of Rs 7. That means any contribution made by the employer in excess of Rs 7. Thank you for your response. Are you a salaried employee? Download link sent. Upload your Form Start investing now or. Was this article helpful? Have a query? To receive media releases, publications, speeches and other industry-related information by email. Also following the Wallis Inquiry, self-managed super funds SMSFs are established to allow small businesses and the self-employed to establish and manage their own superannuation accounts.

Provisions come into force allowing the splitting of superannuation between divorcing or separating spouses, either by agreement or by court order. Employees become able to select their super fund for SG contributions. Amendments begin to be introduced removing same-sex discrimination from Acts governing superannuation schemes, such as payment of death benefits.