However, any untaxed element in excess of the untaxed plan cap amount is included. The taxable component of a rollover super benefit is not included in the contributions segment. These are most commonly member contributions where a tax deduction has not been claimed by the member. The contributions segment generally includes all contributions made after 30 June 2007 that have not been, and will not be, included in your fund's assessable income. The tax free component of a member's super interest is the sum of the value of the contributions segment and the crystallised segment. Income streams started before July 2007.Modifications to the proportioning rule.commutation of an income stream rolled back into the accumulation phase in the fund – just before a new super benefit is paid.rollover super benefit – just before you make the rollover.commutation of an income stream to a lump sum – use the calculations when the income stream started.a lump sum – just before you pay the benefit.an income stream – just before the income stream commences.The value of the super interest and the amount of each component is determined at the following times: Generally, you use the proportioning rule to work out the components of a super benefit by determining the proportion of the tax-free and taxable components of the interest, and applying these proportions to the benefit. You will need to calculate the components for each benefit that you pay. Specific rules apply for determining the defined benefit superannuation interest for pre-July 1983 amounts. In most cases, this is the member's total account balance in the fund. Generally, the value of a member's super interest is the total amount of lump sum benefits or entitlements that you can pay them at a particular time. To begin, you must determine the value of the member's super interest.

When calculating a super benefit, you need to identify and calculate the value of the various components that make up the benefit. Calculating components of a super benefit

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