Last week, the ATO released some new indexed figures that will commence in the 2025/26 financial year.
The relevant changes are as follows:
Lump Sum D Threshold
The Lump Sum D threshold will increase to $13,100 + $6,552 for each completed year of service from 1 July 2025.
ETP thresholds
The life benefit termination payment ETP cap will increase to $260,000 from 1 July 2025.
The death benefit termination payment ETP cap will increase to $260,000 from 1 July 2025.
The Whole of Income cap is unchanged and remains at $180,000 as this is a non-indexed figure.
Maximum Contribution Base (MCB)
MCB will decrease to $62,500 per quarter from 1 July 2025.
Annually, this is equivalent to $250,000.
Note: Employer superannuation guarantee obligations stand alone for each quarter and are not calculated on a monthly or annual basis.
Superannuation Percentage
The superannuation rate for mandatory employer contributions will increase to 12% from 1 July 2025.
Please note: Other relevant index figures are yet to be announced at this stage.
We will keep you updated as more index figures are announced.
ATO Reference: