Now is the time to make some contributions to your superannuation.

There are caps on how much you can contribute before paying tax. The concessional (before tax) contributions cap for 2010-2011 is $25,000. If you are over 50 years of age then $50,000 is a transitional cap that ceases in the 2011-2012 financial year. The non-concessional (after tax) contribution cap is $150,000.