1. Maximise Concessional Contributions
- Cap for 2025–26: $30,000
- These are pre-tax contributions (e.g. salary sacrifice or personal deductible contributions).
- They reduce your taxable income and are taxed at 15% in your super fund (often lower than your marginal tax rate).
- Just remember to Lodge a Notice of Intent form to claim a deduction with your fund first.
2. Catch-Up Contributions
- If your super balance is under $500,000, you can carry forward unused concessional cap amounts from the past 5 years.
- Potentially contribute more than $30,000.
3. Non-Concessional Contributions
- Cap: $120,000 per year or up to $360,000 over 3 years using the bring-forward rule.
- These are after-tax contributions and not taxed in your super fund.
- Note:
If you are under 75, you can “bring forward” up to 2 years of future caps to make a larger lump-sum after-tax contribution. Your total bring-forward limit and period depend on your TSB as of 30 June 2025
- Under $1.76 million: $360,000 (3-year period)
- $1.76M to $1.879 million: $240,000 (2-year period)
- $1.88M to $1.999 million: $120,000 (Standard 1-year annual cap)
- $2.0M or more: Nil (No bring-forward available)
4. Spouse Contributions
- Contribute up to $3,000 to your spouse’s super if they earn under $37,000.
- You may receive a tax offset of up to $540
5. Government Co-Contribution
- If you’re a low- to middle-income earner and contribute $1,000 to your super, you could receive up to $500 from the government