Income Tax Superannuation Tax Free Component Amount The tax free component is non-assessable and non-exempt income, that is tax free income. For Departing Australia Superannuation payments from 1 July 2007, the tax free component is made up of the contributions segment and crystallised segment. The contributions segment consists of contributions made to a fund on or after 1 July 2007 which have not been, and will not be, included in the assessable income of the fund. For employment termination payments, the Tax free component consists of any pre July 1983 segment plus any invalidity segment of the payment. For death benefit employment termination payments, the Tax free component is not assessable income and is not exempt income. For new superannuation income streams from 1 July 2007, the tax free component is made up of the contributions segment and crystallised segment. The contributions segment consists of contributions made to a fund on or after 1 July 2007 which have not been, and will not be, included in the assessable income of the fund. For superannuation lump sum from 1 July 2007, the tax free component is made up of the contributions segment and crystallised segment. The contributions segment consists of contributions made to a fund on or after 1 July 2007 which have not been, and will not be, included in the assessable income of the fund. Note: The crystallised segment may consist of any of the following amounts as at just before 1 July 2007: - The pre-July 1983 component - The concessional component - Undeducted contributions - Post-June 1994 invalidity component - CGT exempt component Tax Collection 2