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mirabilioa(I'm new)I'm new
10 Mar 2026

are there any benefit to applying some of my redundancy package to super at time of payment from my employer?

203 views
1 replies
203 views
1 replies

All replies

Taxduck(Taxicorn)Taxicorn
11 Mar 2026

Depending on your taxable income for the year there are tax benefits in contributing to your super. Outlined below

Personal super contributions | Australian Taxation Office

Claiming a tax deduction can lower your taxable income, so reducing the amount of tax payable.

If eligible, you can also utilise unused concessional contribution caps. See how this works

Concessional contributions cap | Australian Taxation Office

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I've been made redundant, are there any concessions to contributing to super at this time? | ATO Community