Appendix 3: Rates of tax

Assessed on income, including realised capital gains and taxable contributions received

15%

Assessed on non-arm's-length income, for example, private company dividends (including non-share dividends) unless the amount is consistent with an arm's length dealing; see item 10 – label U Net non-arm’s length income:

45%

Assessed on income, including realised capital gains, taxable contributions and net previous income (assets less member contributions)

15%

Funds that were complying in the prior year
Assessed on income, including realised capital gains, taxable contributions received and any net previous income (assets less non-concessional contributions)

45%

Funds that were not complying in the prior year
Assessed on income, including realised capital gains and taxable contributions received

45%

Australian superannuation fund which was a foreign superannuation fund in the prior year
Assessed on income, including realised capital gains, taxable contributions and net previous income (assets less member contributions)

45%

Assessed on income, including realised capital gains and taxable contributions received

45%

Assessed on income, including realised capital gains and certain rollover deposits

15%

Assessed on non-arm's-length income, for example, private company dividends (including non-share dividends) unless the amount is consistent with an arm's-length dealing; see U Net non-arm's length income, item 10

45%

Assessed on income, including realised capital gains and certain rollover deposits

45%

Assessed on income, including realised capital gains and any liability attached to tax deductible contributions transferred from investing funds

15%

Assessed on non-arm's-length income, for example, private company dividends (including non-share dividends) unless the amount is consistent with an arm's-length dealing; see U Net non-arm's length income, item 10

45%

For superannuation funds certified by APRA as complying with superannuation fund conditions, an additional tax rate of 32% applies to contributions received that were for a member who has not quoted a TFN.

32%

For superannuation funds not certified by APRA as complying with superannuation fund conditions, an additional tax rate of 2% applies to contributions received that were for a member who has not quoted a TFN.

2%