co-contribution calculator
Double your money with the government super co-contribution
If you earn less than $61,920 this year and you make an after-tax payment to your super before 30 June 2012, the government could double every $1 that you put in.
Calculate how much you can get
Enter your total gross income:
($31,920 or less)($61,920)
Your maximum government co-contribution will be $1000
if you contribute $1000 after-tax.
if you contribute $1000 after-tax.
$1000
of your money
$1000
from the government
$2000
extra in your super
Check your eligibility
To receive a government co-contribution to your super you must:- have total assessable income less than $61,920 per year
- be eligible to contribute to superannuation
- make an after-tax contribution of up to $1,000 during the financial year
- To qualify for the maximum co-contribution amount of $1,000, assessable income plus reportable fringe benefits must be $31,920 per year or less
- At least 10% of that income must be earned through eligible employment, which may include self employment.
Make a contribution
Personal contributions can be made to your account by:- BPAY®
- Cheque
- Via your employer - either by lump sum or small regular payments over the course of the year.
