On 13 November 2013, the ATO issued Taxation Determination TD 2013/22 entitled "Income tax: 'concessional contributions' - allocation of a superannuation contribution with effect from a day in the financial year after the financial year in which the contribution was made".
It was not previously released in draft form.
The Taxation Determination states:
"The amount of a contribution made to a complying superannuation fund (the fund) in one financial year (year 1) for a member of the fund but allocated under Division 7.2 of the Superannuation Industry (Supervision) Regulations 1994 (SISR) to an accumulation interest of the member in the fund with effect from a date in the subsequent financial year (year 2) is included in the member's concessional contributions for year 2 as an amount covered under s 291-25(3) of ITAA 1997 where the amount is included in the assessable income of the fund under Subdivision 295-C of the ITAA 1997 and is not an amount mentioned in paragraph 292-25.01(3)(a), (b) or (c) of the Income Tax Assessment Regulations 1997 (ITAR 1997). In such circumstances, the amount is not also included in the member's concessional contributions for year 1 as a contribution covered under s 291-25(2) of the ITAA 1997."