The maximum contributions base (MCB) is the upper limit of your employee’s earnings for each financial year for which you need to pay super guarantee. If your payments of qualifying earnings to your employee reaches the MCB, you can stop paying the minimum SG contributions for the employee for that year.
Calculating the MCB
Concessional contributions cap x 100 ÷ charge percentage
The concessional contributions cap is the basic concessional contributions cap for the financial year in which the payment is made. From 1 July 2026, this cap is $32,250.
The charge percentage is the current SG rate This example uses the current rate of 12%.
$32,250 x 100 ÷ 12 = $268,750
Once you have paid $268,750 of qualifying earnings to an employee for the 2026-27 year, you will not need to make SG contributions for that employee for the remainder of the financial year.
