Personal super contributions deduction eligibility reminder

Personal super contributions deduction eligibility reminder

Before the end of the financial year is a good time for you to consider boosting your superannuation with a personal contribution.

Most individuals under 75 years old can now claim a deduction for personal superannuation contributions, regardless of your employment arrangement.

To be eligible you must:

- make personal (after-tax) super contributions directly to your super fund before 30 June 2019, if you have not already contributed this financial year
- supply your fund with a Notice of intent to claim or vary a deduction for personal super contributions
- obtain written acknowledgement from your fund of your Notice of intent before lodging your 2019 individual tax return.

Find out how we could help you keep compliant.
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The material published is intended for general information only and is not legal advice or other professional advice. You should therefore consider obtaining independent advice that considers your personal situation and objectives before making financial decisions.

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