Are there super contribution limits?
There are concessional and non-concessional contributions and different caps apply to each.
The cap on concessional contributions, which tax-deductible contributions are one of, is currently $27,500 per financial year.
You may however be able to contribute more than this amount under what’s known as the carry forward rule, which may allow you to accrue unused cap amounts for up to five years.
Other concessional contributions include compulsory contributions employers are required to pay, and salary sacrifice contributions, which is an arrangement you might set up with your employer.
If you exceed contribution caps, additional tax and penalties may apply.