This section is about ensuring we correctly calculate your entitlement to a Government super contribution.
Government super contributions include both super co-contributions and low income super tax offset.
Super co-contributions
You may be eligible for a super co-contribution if all of the following apply to you:
- you made an eligible personal super contribution (not including amounts which you are claiming as a deduction) to a complying super fund or retirement savings account
- you did not exceed your non-concessional contribution cap
- your total superannuation balance at 30 June 2017 was less than $1,600,000
- you were under 71 years old on 30 June 2018
- your total income for 2017–18, reduced by any deductions for which you are entitled to as a result of carrying on a business, was less than $51,813
- 10% or more of your total income was from employment or business income (including from a partnership) or a combination of both
- you did not hold a temporary visa at any time during 2017–18 (unless you are a New Zealand citizen or it was a prescribed visa).
Total income for the purpose of this section is the sum of your assessable income, your reportable fringe benefits total and your reportable employer super contributions. Assessable income is your income before taking deductions into account.
Low income super tax offset
You may be eligible for a low income super tax offset if all of the following apply to you:
- your adjusted taxable income (ATI) was less than or equal to $37,000
- concessional contributions were made to your complying super fund which include
- a deduction for personal super
- contributions by your employer to your super fund, including contributions under a salary sacrifice agreement, or
- other concessional contributions to your super fund
- your employment and business income (including business income from a partnership) makes up 10% or more of your total income
- you did not hold a temporary visa at any time during 2017–18 (unless you are a New Zealand citizen or it was a prescribed visa).
Completing this section
Before completing this section, you should include all your income and deductions in your return.
- You must use the Work it out button to calculate the amounts to be included in your tax return. These amounts are used to ensure you receive the correct amount of Government super contributions.
- Select Save and continue when you have completed the Adjustments section.
Note: If you change any income or deductions in your return, select the Work it out button again to update these amounts.
These myTax 2018 instructions will help you if you made an eligible personal super contribution (not including amounts which you are claiming as a deduction).