Superannuation · Calculator

Superannuation Calculator (Australia)

Project your super balance at retirement and compare employer SG, salary sacrifice and deductible personal contributions. Check concessional cap usage and Division 293 exposure before contributing.

12% SG rate$32,500 concessional capDivision 293 modelled
01INPUTS

Sets current-year tax, contribution cap and projection start year.

Gross annual earnings before salary sacrifice. Employer SG is capped at the statutory maximum contribution base.

A personal contribution you intend to claim as a tax deduction.

2026-27 Australian super and tax settings. SG is calculated on eligible earnings before salary sacrifice; preservation age is 60 for people born after 30 June 1964.

02RESULTS
Awaiting input

Enter your details to see your super projection

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Balance looking low? You may have super in accounts you've lost track of — find your lost super through myGov in minutes, free.

Also useful: Division 293 thresholds, salary sacrifice room guide, full super contribution caps.

How superannuation contributions work

Superannuation is Australia's compulsory retirement savings system. Your employer contributes a percentage of your salary (the Superannuation Guarantee) into your super fund, where it grows until you retire.

Concessional contributions

Before-tax contributions including:

Employer SG contributions (mandatory 12%)
Salary sacrifice (voluntary pre-tax)
Personal deductible contributions

Generally taxed at 15% inside super. 2026-27 cap: $32,500/year

Non-concessional contributions

After-tax contributions including:

Personal contributions (no tax deduction claimed)
Spouse contributions
Government co-contributions

Not taxed on entry (already taxed). 2026-27 cap: $130,000/year

Superannuation Guarantee rate history
Financial year SG rate
2023-2411%
2024-2511.5%
2025-26+12% (final rate)
Salary sacrifice benefits

Salary sacrificing into super can be one of the most tax-effective ways to build wealth. By contributing pre-tax dollars, you pay only 15% contributions tax instead of your marginal income tax rate.

Your marginal rate Super tax rate Tax saved per $1,000
16% ($18,201 – $45,000)15%$10
30% ($45,001 – $135,000)15%$150
37% ($135,001 – $190,000)15%$220
45% ($190,001+)15%$300

Tip: Use the Salary Sacrifice Calculator to see the exact impact on your take-home pay and super balance.

Division 293 tax for high earners

The ATO adds your Division 293 income component to your low-tax super contributions. The income component starts with taxable income and adds reportable fringe benefits, net financial investment and rental property losses, and family trust distribution tax amounts, while disregarding reportable super contributions. If the combined amount exceeds $250,000, affected contributions face an additional 15% tax.

How Division 293 is calculated

1. Work out the Division 293 income component, excluding reportable super contributions
2. Add low-tax super contributions after excluding excess concessional contributions
3. If the total exceeds $250,000, Division 293 applies
4. Apply 15% to the lesser of the low-tax contributions or the amount above $250,000

Example: Division 293 calculation

Income $240,000
Low-tax super contributions $15,000
Combined Division 293 amount $255,000
Amount over threshold $5,000
Division 293 tax $5,000 × 15% = $750

This follows the ATO's published Jan example. The $750 is additional to the usual 15% contributions tax.

Concessional cap and carry-forward

The concessional contributions cap for 2026-27 is $32,500 per year. This includes all employer SG, salary sacrifice, and personal deductible contributions.

Carry-forward unused caps

If your total super balance is under $500,000, you can carry forward unused concessional cap amounts from the previous 5 years. This allows for larger contributions in years when you have extra income.

Example: If you have $10,000 of eligible unused cap available, your effective 2026-27 cap could be $42,500. Eligibility depends on your total super balance and prior-year history.

FAQ
What is the Superannuation Guarantee rate for 2026-27?
The Superannuation Guarantee (SG) rate for 2026-27 is 12%. From 1 July 2026, Payday Super changes when employers pay SG, not the 12% rate. See ATO super rates and thresholds.
What is the concessional contributions cap?
The concessional contributions cap for 2026-27 is $32,500 per year. This includes employer SG contributions, salary sacrifice, and personal deductible contributions. Exceeding the cap can result in additional tax and interest charges.
What is Division 293 tax?
Division 293 is an additional 15% tax on affected low-tax super contributions. It can apply when your ATO Division 293 income component plus low-tax contributions exceeds $250,000. The tax is 15% of the lesser of the low-tax contributions or the amount above the threshold. See ATO Division 293 guidance.
How is super taxed?
Concessional (before-tax) contributions are taxed at 15% inside your super fund, which is lower than most people's marginal tax rate. Investment earnings in super are also taxed at a maximum of 15%, making super a tax-effective investment vehicle.
What is the preservation age?
Preservation age is when you can access your super. For people born after 1 July 1964, preservation age is 60. You can access your super when you reach preservation age and retire, or when you turn 65 regardless of work status.
Should I salary sacrifice into super?
Salary sacrifice or a deductible personal contribution can be beneficial if your personal tax saved is greater than the contributions tax. Both count towards your concessional cap. A deductible personal contribution also requires a valid notice of intent and acknowledgment from your fund before you claim it. Consider cashflow and access restrictions before contributing.

Tax Accuracy & Sources

Reviewed: 17 July 2026 · Tax year: 2026-27

This calculator projects an accumulation account using the selected year's SG rate, statutory maximum SG earnings base, concessional cap, eligible carry-forward cap, tax brackets and Division 293 threshold. Salary sacrifice and deductible personal contributions reduce taxable income and are included once as low-tax contributions for Division 293. The default 6.1% investment return is net of investment tax and investment fees; administration fees and insurance are deducted separately. Dollar fees rise with inflation and the headline result is shown in today's dollars. It does not model defined benefit schemes, excess-contribution release choices, Division 293 payment source or individual investment-return volatility.