Effective tax rate for super in accumulation phase

Investment earnings are taxed at 15%. Capital gains are taxed at 10% when assets are held for more than 12 months. Funds can also take advantage of franking credits. So at the end of the day, what does a popular open to everyone super fund (e.g. AMP, AustralianSuper, etc) actually pay in tax?

I found an old study here:

Wayback Machine

which says the effective tax rate is around 6.5% for a typical fund.

Any links to more recent or specifc fund by fund info? I'm crunching some numbers to see how worthwhile extra non-concessional contributions actually are. Thanks!

 

Unless you have an SMSF, a superfund's tax rate is NOT your tax rate.

Not sure what it is that you are trying to do here?

 

Members share in pooled earnings and taxes. Some taxes eg contributions are directly applied and are a simple 15%. Otherwise a member will likely share based on a average weighted daily balance of each members entitlements to determine their share of total tax costs, credits etc

Fund earnings in a non-pension fund will be taxed at between 10% and 15% with allowance for tax credits etc. Also shared between members.

Extra non-concessional contributions will be taxed at 0%. The additional earnings will likely result in marginal extra fees and also marginal additional income. As past performance is never an indicator of future performance all you can do is use a generalized earning rate and a generalized tax rate. It would greatly depend on the investment choice too. A member in a capital secure category would likely have very low earnings and pay 15% tax on those low earnings. A growth member could be very different with a higher earning rate and a lesser tax rate as there may be share of tax credits etc