HOW DO I…make after-tax super contributions by payroll deduction?

 

Things to know before you start:

  • Contributions by payroll deduction is available to Commonwealth Bank Group employees only.
  • Tax does not generally apply to these contributions if made within the contributions caps.
  • There are caps, or limits, on the amount that can be contributed to super without incurring additional tax. After-tax contributions are included as non-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.
  • In some cases, there may be restrictions on when or how super contributions can be made.

 

Getting started:

Step 1:

Visit One.CBA > HR Now > type in 'after-tax contributions' in the search bar

 

More info: