Reasonable Benefits Limit
Please Note: Reasonable Benefits Limits were abolished from 1st July 2007. This information is provided for historical purposes only.
|
Income year |
Lump sum |
Pension |
|
2006–07 |
$678,149 |
$1,356,291 |
|
2005–06 |
$648,946 |
$1,297,886 |
|
2004–05 |
$619,223 |
$1,238,440 |
|
2003–04 |
$588,056 |
$1,176,106 |
|
2002–03 |
$562,195 |
$1,124,384 |
|
2001–02 |
$529,373 |
$1,058,742 |
|
2000–01 |
$506,092 |
$1,012,181 |
|
1999–2000 |
$485,692 |
$971,382 |
|
1998–99 |
$471,088 |
$942,175 |
|
1997–98 |
$454,718 |
$909,435 |
|
1996–97 |
$434,720 |
$869,440 |
|
1995–96 |
$418,000 |
$836,000 |
|
1994–95 |
$400,000 |
$800,000 |
Transitional reasonable benefits limits indexation factors
The following indexation factors can be used to index a previous financial year's resonable benefits limits to the current year in line with inflation.
|
Income year |
Indexation factor |
|
2006–07 |
1.045 |
|
2005–06 |
1.048 |
|
2004–05 |
1.053 |
|
2003–04 |
1.046 |
|
2002–03 |
1.062 |
|
2001–02 |
1.046 |
|
2000–01 |
1.042 |
|
1999–2000 |
1.031 |
|
1998–99 |
1.036 |
|
1997–98 |
1.046 |
|
1996–97 |
1.040 |
|
1995–96 |
1.045 |
|