FOR THE CURRENT TAX YEAR ENDING 30/6/2026 I CAN USE PREVIOUS YEARS GOING BACK TO 18/19 AND SO ON
IF I USE ALL MY 18/19 AND ONLY PART OF MY 19/20, WILL THE PART OF 19/20 THAT I HAVENT USED STILL BE AVAILABLE FOR NEXT YEARS RETURN ENDING 30/6/27 ??
18/19?
Can only go back 5 years. So 20/21 for end of 2025-26
Need to use up current year concessional cap before unused caps are used (starting from the earliest). See below
Concessional contributions cap | Australian Taxation Office
This may be the page you have looked at (which states 18/19) but this was last updated 24 July 2024 so it is 2 years out of date.
Any unused amount from an earlier year doesn't roll over to the next. It expires.
From link
"Unused cap amounts are available for 5 years and expire after this"
thanks for clarification re the years
if if use all of 20/21 but some of 21/22 catch ups , will the remainder of 21/22 that i didnt use still be available in the future ?
regards
10 Apr 2025 · 4 min read time
8 June 2023 · 2 min read time
28 Aug 2025 · 5 min read time
49 views
3 replies