Super Contributions - too much super can mean extra tax (24/11/2011)
Caps apply to contributions made to your superannuation. Additional super contributed over this cap is subject to extra tax. What is the cap and how much tax do you pay should you exceed it? Follow this link to the ATO for more details.
Released 24/11/2011
The 2011-12 concessional contributions cap is
$25,000 for people under 50 years of age
$50,000 for people 50 years of age or over