PennyCompass

Super Contribution Calculator

Free Australia Super contribution calculator. Concessional ($30K) + non-concessional ($120K) caps and tax savings.

Published

Compute Super contribution tax impact.

Tax saved this year

15% contributions tax

Employer SG (12%)

Why super is the most tax-effective dollar you can move

The logic of putting extra money into super is simple arbitrage between two tax rates. Money you earn as salary is taxed at your marginal rate, which for most working Australians is 30 percent or more. Money you direct into super as a concessional contribution is taxed at just 15 percent on the way in. The gap between those two numbers is your saving, repeated every year you do it, on top of decades of compounding inside a low-tax environment. This calculator quantifies that gap: you enter your salary, the concessional contribution you plan to make, and your marginal rate, and it shows the net tax saved, the 15 percent contributions tax, and the employer super guarantee.

The $30,000 cap and what counts inside it

Concessional contributions are capped at $30,000 for 2026-27, and this is a hard ceiling that catches everything pre-tax: your employer's 12 percent super guarantee, any salary sacrifice you arrange, and any personal contributions you later claim as a tax deduction. The cap is not on top of your employer contributions; it includes them. On a $100,000 salary the guarantee alone is $12,000, which already eats into the $30,000, leaving about $18,000 of room before you breach the cap. Go over and the excess is effectively taxed at your marginal rate plus an interest charge, so the cap is a number worth tracking carefully across all your contribution sources.

A $15,000 contribution on a 32 percent rate

Take a $100,000 salary, a $15,000 concessional contribution, and a 32 percent marginal rate. The tool shows tax saved this year of $2,550, a 15 percent contributions tax of $2,250, and an employer super guarantee of $12,000. The working is below.

StepFigure

That $2,550 is a one-year saving, and it repeats annually. The higher your marginal rate, the wider the 15 percent gap and the bigger the saving, which is why salary sacrifice is most powerful for those on the 37 and 45 percent rates.

The trade-off and a high-income wrinkle

The catch with all of this is access. Every dollar you push into super is locked away until you reach your preservation age, currently 60 for anyone retiring now, so the tax saving comes at the cost of liquidity for years or decades. That is the right trade for long-term retirement money, but a poor one for a house deposit you need in three years, so do not sacrifice so hard that you starve your short-term savings. A useful tip is the carry-forward rule: if your total super balance is under $500,000, you can use unused concessional cap from the previous five years, which lets someone with a one-off high-income year or a capital gain make a much larger deductible contribution to soak up the tax.

High earners face an extra layer called Division 293. If your income plus your concessional contributions exceeds $250,000, the contributions tax on the amount above that line doubles from 15 to 30 percent. The saving is still real, because 30 percent inside super beats the 47 percent top marginal rate outside it, but it is smaller than this tool's simple 15 percent assumption suggests. The calculator uses the standard 15 percent rate, so if your income is near or above $250,000, treat the saving shown here as the optimistic end and expect a slightly smaller benefit once Division 293 applies.

Is salary sacrifice the same as a personal deductible contribution?

They reach the same place by different routes. Salary sacrifice is arranged through your employer, who pays the money into super before you ever see it, so your taxable salary is reduced at the source. A personal deductible contribution is money you pay in yourself from your after-tax account, then claim back as a deduction in your tax return. Both are concessional and both count toward the $30,000 cap, so choose whichever is administratively easier for you.

What happens if I accidentally exceed the concessional cap?

The excess is added back to your assessable income and taxed at your marginal rate, with an offset for the 15 percent already paid inside super, plus an interest-style charge for the timing. You can elect to withdraw up to 85 percent of the excess to help pay the bill. It is not a disaster, but it removes the benefit, which is why tracking all your contribution sources against the single $30,000 cap matters.

Frequently asked questions

Concessional vs non-concessional?
Concessional contributions are pre-tax (employer SG + salary sacrifice + personal deductible), taxed at 15% inside Super. Non-concessional are after-tax personal contributions, no tax inside Super (but no immediate tax benefit either).
What is the concessional contribution cap for 2026-27?
The concessional cap is $30,000 per financial year for 2026-27. This cap includes your employer's super guarantee (currently 12% of salary), any salary sacrifice amounts, and personal contributions you claim as a tax deduction. Exceeding the cap means the excess is taxed at your marginal rate, minus a 15% offset for contributions tax already paid.
What is Division 293 tax and who pays it?
Division 293 is an additional 15% tax on concessional contributions for high earners. It applies when your income plus concessional contributions exceeds $250,000 in a financial year. This effectively doubles the contributions tax rate from 15% to 30% on the amount above the threshold. Even at 30%, contributing to super still saves tax for anyone on the 45% top marginal rate.
Can I carry forward unused concessional cap from previous years?
Yes. If your total super balance is below $500,000 at 30 June of the previous financial year, you can carry forward unused concessional cap amounts from the prior five years. This is particularly useful if you have a one-off high-income year or a large capital gain, as a large catch-up concessional contribution can significantly reduce your tax bill in that year.

Related calculators

Sources

  1. ATO — Superannuation Guarantee and Contribution Caps 2026-27, Australian Taxation Office
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