This Subdivision reduces the superannuation tax concession for high income earners.
An individual's income is added to certain superannuation contributions and compared to the high income threshold of $250,000. A tax is payable on the excess, or on the superannuation contributions (whichever is less).
The tax is not payable in respect of excess concessional contributions.
Liability for tax
293 - 15 Liability for tax
293 - 20 Your taxable contributions
293 - 25 Your low tax contributions
293 - 30 Low tax contributed amounts