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If a spouse shares a bank account will a government co-contribution be paid and can tax offset be cl

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Hi @Shortofbreath,

 

Thanks for posting.

 

As long as you meet all the eligibility criteria, having a joint bank account with your spouse doesn’t prevent you from receiving a super co-contribution.

 

If you’re eligible for a super co-contribution, we’ll calculate the amount you’re entitled to based on the information your super fund reports to us and the information in your tax return.  We'll then pay your co-contribution directly to your super fund. In limited circumstances, you may be able to apply for your co-contribution to be paid to you directly.

 

@SebReiter has provided an answer about co-contributions and claiming tax offsets here.

 

Thanks, NicM.

1 REPLY 1

Most helpful response

ATO Certified Response

ATO Community Support

Replies 0

Hi @Shortofbreath,

 

Thanks for posting.

 

As long as you meet all the eligibility criteria, having a joint bank account with your spouse doesn’t prevent you from receiving a super co-contribution.

 

If you’re eligible for a super co-contribution, we’ll calculate the amount you’re entitled to based on the information your super fund reports to us and the information in your tax return.  We'll then pay your co-contribution directly to your super fund. In limited circumstances, you may be able to apply for your co-contribution to be paid to you directly.

 

@SebReiter has provided an answer about co-contributions and claiming tax offsets here.

 

Thanks, NicM.