What is the super co-contribution?You could be eligible to receive up to a $500* tax free bonus from the Government to top up your super.
The amount the Government gives you is dependent on your assessable income – usually meaning that the less you earn, the more you will get from the Government.
Are you eligible?
Refer to our co-contribution fact sheet for more information.
The co-contribution amount reduces for incomes between $46,920 and $31,920*. At $31,920 or less you could get the whole $500.
Need more information?
Claiming your co-contributionOnce you have made your personal contribution, you don’t need to do anything to claim your co-contribution. If you are entitled to a co-contribution, it will be made automatically after your income tax return has been processed by the Australian Taxation Office (ATO).
For more information, call the Australian Tax Office on 13 10 20 or visit ATO Website.
* The Government announced further reductions to the co-contributions scheme, for personal contributions made from 1 July 2012 for the 2012/2013 financial year. The information contained on this page reflects the proposed changes, but they are not law as they have not been passed by parliament or received royal assent.
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