Super co-contribution

Some low or middle-income earners may benefit from a government top-up of their super contributions.

The government co-contribution is paid to individuals who make a personal super contribution and don’t claim a tax deduction.

How much is the co-contribution?

The co-contribution is paid at 50c of each dollar contributed up to a maximum of $500. To qualify for the maximum co-contribution, you need to contribute $1,000 and have assessable income below $36,8131.

Once assessable income exceeds $36,813, the co-contribution decreases by 3.333 cents in every dollar paid into super. It cuts out completely when assessable income reaches $51,813.

1 For the purposes of the super co-contribution, assessable income is taxable income plus reportable fringe benefits plus reportable employer super contributions.

How is the co-contribution paid?

You don’t need to lodge a claim for the co-contribution.

The Australian Tax Office will assess your eligibility once you lodge your Income Tax Return and pay any amount due into your LGIAsuper account. The co-contribution doesn’t count towards your taxable income.

Other help for low-income earners

The government’s Low Income Super Tax Offset (LISTO) may also help low income earners who make personal super contributions.

Read more about the Low Income Super Tax Offset

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