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Superannuation Calculator Australia

More than 12% of your salary — Fin shows your Super Guarantee, how much cap you have left before 30 June, and what the fund pays in tax.

Australia·Superannuation

Investment or business income beyond your salary — used to test the Division 293 threshold.

Employer super guarantee (12%)
$14,400
$12,240 lands in your fund after $2,160 tax
Concessional cap used$14,400 / $32,500

$18,100 of room left before 30 June.

Contributions tax (15%)
$2,160
Source:ATO· verified Jul 20262026-27 rates

Indicative only, not financial advice. Excludes fund fees, insurance, investment returns, non-concessional contributions and carry-forward of unused cap. Assumes earnings are even across the year — an uneven year can change how the maximum contribution base applies.

How Australian super works in 2026-27

Your employer must pay 12% of your ordinary time earnings into super. That contribution, plus any salary sacrifice and any personal contribution you claim as a deduction, all count toward one concessional cap of $32,500. The fund pays 15% tax on everything inside the cap. Go over it and the excess is taxed at your marginal rate instead — which is why the headroom figure matters more than the contribution figure.

What2026-27Why it matters
Super Guarantee rate12%What your employer must pay
Concessional cap$32,500SG + sacrifice + deductible, combined
Contributions tax15%Paid by the fund, not by you
Division 293 threshold$250,000Extra 15% above this, phased
Maximum contribution base$270,830No compulsory SG on earnings above it

General information, not financial advice. Excludes fund fees, insurance, investment returns and carry-forward of unused cap, and assumes earnings are even across the year. From 1 July 2026 Payday Super assesses the guarantee on qualifying earnings, which can be slightly broader than ordinary time earnings — check your own position with your fund or a licensed adviser.

Superannuation — common questions

What is the superannuation rate in Australia for 2026-27?

The Superannuation Guarantee is 12% of ordinary time earnings in 2026-27. It reached 12% on 1 July 2025 and is legislated to stay there.

What is the concessional contributions cap for 2026-27?

The concessional (before-tax) cap is $32,500 for 2026-27. It covers your employer's Super Guarantee, any salary sacrifice, and personal contributions you claim as a deduction — all three count toward the same cap.

What happens if I go over the concessional cap?

Contributions above the cap are included in your assessable income and taxed at your marginal rate, with a 15% offset for the tax the fund already paid. You can also ask for the excess to be released from your fund. Going over is not a penalty, but it removes the 15% concession.

How is superannuation taxed going into the fund?

Concessional contributions are taxed at 15% inside the fund. On $32,500 of contributions that is $4,875. For most people this is well below their marginal rate, which is what makes salary sacrifice worthwhile.

What is Division 293 tax?

Division 293 is an extra 15% on concessional contributions for high earners. It applies once your taxable income plus low-tax contributions exceeds $250,000, and it only hits the lesser of your contributions or the amount over the threshold — so it phases in rather than landing all at once.

Is there a limit on the earnings my employer must pay super on?

Yes. The maximum contribution base caps the earnings the Super Guarantee applies to — $270,830 a year for 2026-27 under Payday Super. Earnings above that carry no compulsory super, though an employer may choose to pay it.

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Did you know?

Australia's GST has been frozen at 10% for over 25 years, partly because changing the rate legally requires the unanimous agreement of every state and territory plus both houses of federal Parliament.

Treasury states plainly that 'legislation requires that changes to the GST base or rate require unanimous agreement by all State and Territory governments, as well as both houses of the Australian Parliament' — a political straitjacket flowing from the 1999 Intergovernmental Agreement that has kept the rate untouched since 1 July 2000.

Source: Australian Treasury — Tax White Paper, At a glance

Whether a frozen meal is taxed can hinge on a judge deciding what counts as a 'prepared meal' by common experience — and Simplot (maker of Birds Eye products) lost that argument in 2023.

In Simplot Australia v Commissioner of Taxation [2023] FCA 1115 the Federal Court ruled frozen vegetable-, rice- and pasta-based products were taxable 'prepared meals' or 'combination foods', applying 'common experience and common sense' about what an everyday meal is rather than the maker's own marketing.

Source: Grant Thornton — GST and food: Federal Court challenges the concept of a prepared meal
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