Excess concessional superannuation contributions

Concessional contributions that exceed the annual concessional contributions cap are currently taxed at 31.5% – in addition to the 15% contributions tax already paid – and count towards the non-concessional contributions cap. (See: Concessional superannuation contributions, Concessional superannuation contributions–cap), Non-concessional superannuation contributions and Non-concessional superannuation contributions–cap)
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