Unused Concessional Contributions Cap Carry Forward

Unused concessional contribution cap carry forward-01
The standard concessional contribution cap, the limit for concessionally taxed employer and personal deductible contributions. It is subject to indexation, based on Average Weekly Ordinary Times Earnings (AWOTE), which results in future increments of $2,500. From 1 July 2024 the concessional contribution cap increased to $30,000 To read this fact sheet in its entirety download the PDF version here.