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Notice given 25 January 2013

*2680  Senator Cormann: To ask the Minister representing the Assistant Treasurer—With reference to superannuation contributions in excess of the concessional and non-concessional caps:

(1) For the 2008-09, 2009-10, 2010-11 and 2011-12 financial years, listed separately:

(a) how many individuals made contributions above the concessional and non-concessional contribution caps respectively;

(b) what was the average amount paid above the concessional and non-concessional contribution caps respectively;

(c) what was the total amount of taxation collected as a result of contributions above the concessional and non-concessional contribution caps respectively;

(d) what was the average amount of tax paid per individual on contributions above the concessional and non-concessional contribution caps respectively;

(e) what was the average amount of excess concessional contributions that counted towards an individual’s non-concessional contribution caps for the same period;

(f) what was the average amount of excess concessional contributions that counted towards an individual’s non-concessional contribution caps that created excess non-concessional contributions for the same period;

(g) what was the highest amount of tax paid by an individual taxpayer in dollar terms for breaches of: (i) concessional caps, and (ii) non-concessional caps; and

(h) what was the highest tax rate paid by an individual taxpayer in percentage terms for breaches of: (i) concessional caps, and (ii) non-concessional caps.

(2) For the 2008-09, 2009-10, 2010-11 and 2011-12 financial years, how many individuals exceeded the concessional contributions caps, listed by the marginal income tax rate brackets.

(3) How much has it cost the Australian Taxation Office (ATO) to administer the concessional and non-concessional contribution caps for the 2008-09, 2009-10, 2010-11, 2011-12 and 2012-13 financial years, to date.

(4) For the 2012-13 financial year, how much does the ATO estimate it will spend administering the concessional and non-concessional contribution caps respectively.