This Division limits the superannuation contributions made in a financial year that receive concessional tax treatment.

You become liable for tax if:

  (a)   your non - concessional contributions exceed an indexed cap; and

  (b)   a corresponding amount is not released from your superannuation interests.

An amount may be included in your assessable income, and you may become entitled to a tax offset, if your non - concessional contributions exceed that indexed cap.