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Eligibility to Claim a Tax Deduction – Moneywise Global

Superannuation


Contributing to Superannuation

Eligibility to Claim a Tax Deduction

Your employer can claim a tax deduction on any contributions they make on your behalf, including salary sacrifice contributions.

An individual can claim a tax deduction for a personal concessional contribution to superannuation if they are fully or substantially self-employed – where income from eligible employment is less than 10% of their total income*5.

Furthermore, an individual may also generally claim a tax deduction for contributions to a complying superannuation fund if they are 18 years or older and receive no income from eligible employment. For example, a retired individual under age 65 may claim a tax deduction for personal contributions made to superannuation.

We will look at an example on the next page.


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