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Re: Superannuation 10% eligible income test

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Is the aged pension allowed as eligible income, for the 10% eligible income test, to qualify for the Government Super Co-contribution ?

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Taxicorn

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@Mike101 

 

No,

 

To satisfy this test, 10% or more of your total income must come from either:

  • employment-related activities
  • carrying on a business
  • a combination of both.

Amounts from these sources are referred to as eligible income amounts.

 

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Best answer

ATO Certified

Taxicorn

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@Mike101 

 

No,

 

To satisfy this test, 10% or more of your total income must come from either:

  • employment-related activities
  • carrying on a business
  • a combination of both.

Amounts from these sources are referred to as eligible income amounts.

 

Newbie

Replies 0

Thanks. Wasnt real sure because the aged Pension is taxable income( i know rebateable).

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