Government Co-contribution

The superannuation co-contribution is an inititive from the Australian Government to assist eligible taxpayers to save for their retirement. For more information on how the co-contribution works, please refer to the ATO's Fact Sheet.

For contributions made from 1st July 2008

 

If your personal super contribution is:

 

$1,000

$800

$500

$200

And your income is:

Your Super Co-contribution will be:

$30,342 or less

$1,500

$1,200

$750

$300

$32,342

$1,400

$1,200

$750

$300

$34,342

$1,300

$1,200

$750

$300

$36,342

$1,200

$1,200

$750

$300

$38,342

$1,100

$1,100

$750

$300

$40,342

$1,000

$1,000

$750

$300

$42,342

$900

$900

$750

$300

$44,342

$800

$800

$750

$300

$46,342

$700

$700

$700

$300

$48,342

$600

$600

$600

$300

$50,342

$500

$500

$500

$300

$52,342

$400

$400

$400

$300

$54,342

$300

$300

$300

$300

$56,342

$200

$200

$200

$200

$58,342

$100

$100

$100

$100

$60,342

$0

$0

$0

$0

Web Design, SEO, CMS & Web Development by Melbourne Web Designers Get Started ©