Adding a little extra to your super today could make a big difference to your final balance and income when you retire.
There’s plenty of ways to help grow your super:
Income* | Tax rate on before-tax contributions |
Under $250,000 | 15% |
$250,000 and more | 30% |
Sharing is caring, especially when you share your super with your spouse.
If your spouse is on a lower income, or not in paid work for a while (such as taking time off to raise a family), this could mean their super isn’t growing quickly. Show you care by helping boost your spouse’s super.
After-tax spouse contributions
Adding to your spouse’s super can help them while also helping you save on tax. If their income is less than $37,000*, and you make an after-tax contribution of $3,000, you could get a $540 tax offset.
Spouse income* | Tax offset on $3,000 spouse contribution |
$0 to $37,000 | Full tax offset – $540 |
$37,001 to $40,000 | Partial tax offset – less than $540 on sliding scale |
Over $40,000 | No tax offset – $0 |
You won’t receive any tax offset if your spouse has an income of over $40,000* or for contributions greater than $3,000.
Find out more by reading our Contributions fact sheet.
Pre-tax contribution splitting
You can transfer up to 85% of your before-tax contributions to your spouse. Your spouse just needs to be under 64 and not permanently retired, unless they meet the work test requirement.
Find out more by reading our Contributions fact sheet or call us on 1800 517 212 from 8:00am to 6:00pm (AEST) Monday to Friday.
*Income is the sum of your annual taxable income, reportable fringe benefits, total net investment loss and any before tax (concessional) contributions you’ve made to your super.
8am – 6pm AEST,
Monday to Friday
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