The lodgement dates for SMSFs have not been published for the 2015/2016 financial year. However looking at dates for the previous year can be used as an indicator for the lodgement dates for the upcoming year 2015/16 financial year.
|Due date for lodgment||Due date for payment||Description|
|31 Oct||31 Dec||Lodgement for superfunds with prior year returns outstanding|
|15 Jan||1 Dec||Large/medium superfunds whose 2014 tax return was taxable|
|28 Feb||28 Feb||Large/medium superfunds whose 2014 tax return was non-taxable.|
|28 Feb||28 Feb||Newly registered superfunds|
Key Superannuation rates and thresholds
Supervisory Levy for 2015 financial year
Not newly registered
Year of levy
Year of levy
$259 +$259 =$518
Concessional contributions cap
Concessional contributions include:
- employer contributions (including contributions made under a salary sacrifice arrangement)
- personal contributions claimed as a tax deduction by a self-employed person.
If you have more than one fund, all concessional contributions made to all your funds are added together and counted towards the cap.
Amount of general cap
|Income year||Cap for those aged 59 years or over on 30 June 2013||Cap for those aged 49 years or over on 30 June 2014|
About the Author
Charith Cooray (Accountant – B.Comm)
Charith holds a Bachelor of Commerce with a major in Accounting from Monash University, Clayton. While studying, Charith worked part time in the retail industry for two major department stores where he developed a strong customer focus.
This article was produced by Zimsen Partners. It is intended to provide general information only in summary format on accounting, business advisory and taxation issues. It does not constitute accounting advice, and should not be relied on as such.