The tax free component of a directed termination payment (within the meaning of section 82-10F) made in a financial year on behalf of you is not included in your non-concessional contributions (see section 292-90 of the Income Tax Assessment Act 1997 ) for the financial year.
Table of Subdivisions
293-A Application of Division 293 tax rules
Table of sections
293-10 Application of Division 293 of the Income Tax Assessment Act 1997