It's easy to think that super is something you can leave for later, but taking small steps now could add up to a lot more over time. All it takes is adding just a little extra to your super – if you start early enough, even small amounts can make a real difference when you do it regularly.
It’s important to understand the differences between the types of contributions that can be made into super, so you’re aware of any tax implications or the effect of contribution caps. To read more about contributions and caps, read our Reference Guide: Contributing to your super for Accumulate Plus.
These are generally voluntary after-tax contributions to super. Tax does not generally apply to these contributions if they are made within the contributions cap.
These are after-tax contributions you make to your own super.
Did you know? If you earn less than a certain amount and make after-tax contributions, you may be eligible for a tax-free super co-contribution from the government.
These are after-tax contributions to your spouse’s super account, in which case you may also be eligible for a spouse contribution tax offset.
These are generally contributions for which an employer or member may be able to claim a tax deduction. They are generally taxed concessionally.
These are compulsory contributions that your employer must make to your super under Super Guarantee (SG) laws or Award conditions, and any other voluntary employer contributions. If your employer doesn’t currently contribute to your account, find out how you can ask them to start.
This allows you to request an employer to pay part of your gross (pre-tax) salary into to your super.
You may be eligible to claim a tax deduction for any after-tax personal super contributions you make.