WebThe Low Income Super Tax Offset (LISTO)is a government program designed to further help low-income earners save for their retirement. In the simplest terms, if you earn $37,000 (or less) a year the government will make a payment of up to $500 directly into your super fund. You can read more about the LISTO and how you may be eligible here. Web1 jul. 2024 · If you are a low or middle-income earner and make personal (after-tax) super contributions to your super fund, the government also makes a contribution (called a co …
Salary sacrifice or Government super co-contribution - Bridges
Web1 jul. 2024 · If you earn less than $41,112 and make an after tax contribution to super of $1,000, you could be eligible for the maximum super co-contribution of $500 from the Government. The co-contribution amount reduces by 3.333 cents for every dollar of income over $41,112 and phases out completely once you earn $56,112. Eligibility criteria Web1 jul. 2012 · Source: ato.gov.au Lower Income Earners Superannuation Tax Offset. For lower income earners (less than $37,000 a year) from 1 July 2012 until 30 June 2024 … cruiser carry long gun
Spouse super contributions QSuper
WebSuper co-contributions help eligible people boost their retirement savings. If you're a low or middle-income earner and make personal (after-tax) contributions to your super fund, the … Webthe Government in the form of a Government super co-contribution or the low-income super tax offset (LISTO). If you make personal (after-tax) contributions to your Hostplus … Web1 jul. 2024 · A downsizer contribution allows eligible clients to contribute up to $300,000 from the proceeds of a property sale to their superannuation. Since 1 July 2024, the eligibility age to make a downsizer contribution has reduced to age 60 at the time of the downsizer contribution (previously age 65). build this