The cap for concessional contributions came down to $25,000, while the non-concessional contribution cap dropped down to $100,000 and there was also an additional threshold introduced preventing funds with a total superannuation balance above $1.6 million from making non-concessional contributions, said Ms Schaefer.

“Despite everyone’s best intentions, I think trustees will make mistakes,” she said.

“I have already seen some mistakes made. One of my clients didn’t realise that with the concessional contribution limit dropping from $35,000 to $25,000 for him, he would need to adjust his salary sacrificing arrangements. He contributed $33,000 in concessional contributions to super so he is $8,000 in excess.”

Ms Schaefer said there could also be some confusion with contributions made via the bring forward rule.

“I expect some people will think, ‘Well I contributed $540,000 in 2017 so that’s the three-year period over and done with, I can now put in $300,000,’ without realising that if they put in a larger amount in 2016-17, then they’ve used up forward years in terms of the contribution limit,” she said.

“With all of the changes, I just think it’s one of those areas where you’ll see some people make mistakes.”