HOW DO I…claim a tax deduction for a super contribution?

 

Things to know before you start:

  • The following information is applicable to Accumulate Plus only.
  • In some cases, you can claim a tax deduction for any personal contributions you make to your super. Eligibility criteria apply – refer to the Reference Guide: Boost your super for more information.
  • There are caps, or limits, on the amount that can be contributed to super without incurring additional tax. Personal deductible contributions are included as concessional contributions for the purposes of the caps. It is your responsibility to ensure that you do not breach the caps if you want to avoid paying excess tax. Refer to the Reference Guide: Boost your super for more information on caps.
  • In some cases, there may be restrictions on when or how super contributions can be made.

Getting started:

Step 1:

Complete our Additional investment form.

Step 2:

Complete the ATO approved Notice of intent form.

Step 3:

Return both forms with a cheque payable to "Commonwealth Bank Group Super, [name]" where ‘name’ is the full name that is shown on your Accumulate Plus account.

More info: