Calculate Australian tax on superannuation withdrawals. Tax depends on your age, component (taxable vs tax-free), and withdrawal type (lump sum vs income stream).
| Component | Amount | Tax rate | Tax |
|---|
| Age | Tax-free component | Taxable component |
|---|---|---|
| Under preservation age (60) | 0% | 22% (incl. Medicare) |
| Preservation age to 59 | 0% | 17% up to low-rate cap ($235,000), then 22% |
| 60 and over | 0% | 0% (tax-free!) |
Preservation age: 60 for anyone born after 30 June 1964.
First Home Super Saver Scheme allows withdrawal of voluntary contributions (up to $15,000/yr, $50,000 total) for a first home. Tax is paid at your marginal rate minus a 30% offset — typically 0–17%.