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The AAT has upheld the Commissioner's imposition of excess contributions tax on the taxpayer in respect of contributions made by him to his superannuation fund in the 2006-2007 income year. The excess arose as a result of transitional arrangements that treated the period between 10 May 2006 and 30 June 2006 as part of the 2006-07 financial year for the purposes of the non-concessional contributions cap ($1,000,000 in the relevant year). In making his contributions in the 2006-2007 income year, the taxpayer overlooked the fact that he had previously made a contribution of $150,000 between 10 May and 30 May 2006.

Rinaldo and FCT [2011] AATA 839 (AAT, Hughes M, 25 November 2011).


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