An amount is included in your assessable income, and you are entitled to a tax offset, if:

  (a)   your non - concessional contributions exceed an indexed cap; and

  (b)   you are not liable to pay excess non - concessional contributions tax for the financial year on the full amount of the excess.

This amount included in your assessable income relates to:

  (a)   your associated earnings on those excess contributions; and

  (b)   any amounts that have been released from your superannuation interests.