How does it work?
A person making a contribution into the account of their low income earning spouse is eligible for a tax offset of up to a maximum $540 p.a. (18% of a total contribution of up to $3,000) if their spouse earns less than the lower threshold amount.
| Effective date | Total income of recipient spouse | Tax offset1 available to contributing spouse |
|---|---|---|
| Up to 30 June 2017 | $0 - $10,800 | Up to $540 |
| $10,800 - $13,800 | Between $540 - $02 | |
| $13,800 + | Nil | |
| From 1 July 2017 | $0 - $37,000 | Up to $540 |
| $37,000 - $40,000 | Between $540 - $02 | |
| $40,000 + | Nil |
Make a spouse contribution
When both you and your spouse are Australian Retirement Trust members it’s easy to make and receive spouse contributions. Make a BPAY payment online on our website, or complete and download the Spouse Contribution Advice Form.
If they’re not already a Super Savings member, but would like to be, they can join online.
Disclaimers
The contributing spouse doesn’t need to meet the work test when making a spouse contribution for the receiving spouse.
Does not apply to downsizer contributions, which may be made if aged 65 and over regardless of work status. No maximum age limit applies. Refer to the Super Savings guide for more information.
1Tax offset applies to a maximum contribution of $3,000 p.a.
2Tax offset proportionally decreases, cutting out when the spouse earns the higher threshold amount.