How does it work?
A person making a contribution into the account of their low income earning spouse is eligible for a tax offset of up to a maximum $540 p.a. (18% of a total contribution of up to $3,000) if their spouse earns less than the lower threshold amount.
| Effective date | Total income of recipient spouse | Tax offset1 available to contributing spouse |
|---|---|---|
| Up to 30 June 2017 | $0 - $10,800 | Up to $540 |
| $10,800 - $13,800 | Between $540 - $02 | |
| $13,800 + | Nil | |
| From 1 July 2017 | $0 - $37,000 | Up to $540 |
| $37,000 - $40,000 | Between $540 - $02 | |
| $40,000 + | Nil |
1 Tax offset applies to a maximum contribution of $3,000 p.a.
2 Tax offset proportionally decreases, cutting out when the spouse earns the higher threshold amount.
Make a spouse contribution
When both you and your spouse are Sunsuper members it’s easy to make and receive spouse contributions. Make a BPAY payment online on our website, or complete and download the Spouse Contribution Advice Form.
If they’re not already a Sunsuper member, but would like to be, they can join online.