Easy ways to add to your super
You can make a one off contribution or set up regular after-tax contributions via:
- BPay
- Cheque
- Credit card
- Direct debit
- Via payroll
- Via your super fund or a clearing house
To help Australians reach their retirement goals, the Government may contribute up to a maximum of $500 to the super accounts of people who meet certain criteria.
If you answer yes to all of the following, you’ll be eligible for the Government co-contributions:
Also, to be eligible for the Government co-contribution in the 2017/18 financial year or any subsequent financial year:
Visit the Australian Tax Office’s (ATO) website for more information on eligibility for the Government co-contribution.
You’re not entitled to a Government co-contribution for any personal contributions you’ve made that have been allowed as a tax deduction (see the ATO’s website for more information on claiming deductions for personal super contributions).
It’s important to make your contribution(s) before the 30th of June if you wish to take advantage of the Government’s initiative. You need to allow enough processing time so that you don’t miss out.
The ATO will assess if you’re eligible for the Government co-contribution when you lodge your tax return. If you’re eligible, the Government co-contribution will be calculated and paid directly into your super account. You don’t have to do anything else.
Important Information
The information on this web page is of a general nature only and has been prepared by the Trustee without taking into account your objectives, financial circumstances or needs. Before acting on any of this information, you should consider whether it is appropriate to your objectives, financial circumstances and needs, and seek appropriate professional advice. You should not rely on this information to determine your personal tax obligations, please consult a registered tax agent for this purpose.
You can make a one off contribution or set up regular after-tax contributions via: