Since 1 July 2017, all eligible Australians under the age of 75 can claim tax deductions for personal super contributions, subject to the annual concessional contributions cap. This measure can assist Australians who may be partly self-employed and partly employed, or individuals who work for employers who don’t accommodate salary sacrificing. This includes people who receive their income from:
- Salary and wages
- A personal business (for example, self-employment)
- Investments (including interest, dividends, rent and capital gains)
- Government pensions or allowances
- Partnership or trust distributions
- A foreign source
For assistance in claiming tax deductions for your personal super contributions, please contact DD's Taxation and Accounting.