The Superannuation benefit component calculator helps superannuation funds work out the proportions or percentages of the tax free and taxable component of a superannuation interest. These values can then be applied to calculate the tax free and taxable component of a superannuation benefit.
A superannuation benefit will consist of a tax free component and/or a taxable component. Generally, these components are determined using the proportioning rule.
You can't use the calculator if:
- the member's superannuation interest is from an untaxed source
- the member's superannuation benefit is a disability superannuation benefit
- the member's superannuation interest supports an income stream that commenced to be paid before 1 July 2007, which has not been subject to a trigger event.
You will need to know the:
- superannuation interest amount
- tax free component amount
- amount of the superannuation benefit (optional).
Next step
- Superannuation benefit components calculator – the calculator will take 2 to 3 minutes to complete.
See also
Super professionals can use this calculator to determine the crystallised segment of the tax free component of a superannuation interest.