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The ATO has announced the following changes to the superannuation contribution caps.
Concession contributions cap
The amount of the cap will be increased from $25,000 in 2013/14 to $30,000 in 2014/15.
Non-concessional contributions cap
Non-concessional contributions include personal contributions for which taxpayers do not claim an income tax deduction.
The amount of the cap will be increased from $150,000 in 2013/14 to $180,000 in 2014/15.