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Co-contribution Super

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When you make a contribution from your wages to your super before tax (salary sacrifice not mandatory 9%) can you receive the governments co-contribution or do you only receive it after being taxed then make the contribution?
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Hi @pgbhoney,

 

Welcome to the Community.

 

To receive a super co-contribution, you'll need to meet all the eligibility criteria. One of the eligibility criteria is that you need to have made an eligible personal super contribution to your super fund during the financial year.

 

As @macfanboy mentioned, personal super contributions are after-tax contributions and considered eligible contributions for the super co-contribution.

 

Contributions you make through a salary sacrifice arrangement or personal contributions you claim as an income tax deduction don't count as an eligible personal contribution for the super-co-contribution.

 

Thanks, NicM.

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Taxicorn

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Personal super contributions are the amounts you contribute to your super fund from your after-tax income that will generate a co-contribution.

 

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ATO Certified

Moderator

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Hi @pgbhoney,

 

Welcome to the Community.

 

To receive a super co-contribution, you'll need to meet all the eligibility criteria. One of the eligibility criteria is that you need to have made an eligible personal super contribution to your super fund during the financial year.

 

As @macfanboy mentioned, personal super contributions are after-tax contributions and considered eligible contributions for the super co-contribution.

 

Contributions you make through a salary sacrifice arrangement or personal contributions you claim as an income tax deduction don't count as an eligible personal contribution for the super-co-contribution.

 

Thanks, NicM.

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