Is there any tax to be paid on contributions?
Contributions made by your employer or from your pre-tax salary will be subject to a 15% contribution tax. Contributions in excess of the pre-tax contributions cap will be taxed at 45% (plus Medicare levy).
Contributions made from your post-tax salary, up to the contributions limit are not subject to any further tax. Post-tax contributions in excess of the post-tax contributions cap will be taxed at 45% (plus Medicare levy).
Full details on
contribution limits.