Government co-contribution

What is the government co-contribution?

Government super co-contribution is an incentive for lower income earners to add to their own superannuation. It is a payment that helps boost your super if you’re a low or middle-income earner and make after-tax (non-concessional) contributions.

You may be eligible for up to $500 from the government, depending on your income and how much you contribute.

How to make an after-tax contribution

Making a voluntary, after-tax contribution to your super can be done in just a few simple steps:

1. 1. Log in to your super fund’s member portal and find your fund’s BPAY or EFT details.
   2. Transfer the amount from your bank account to your super fund.
   3. If you plan to claim a tax deduction, complete a Notice of intent to claim a deduction for personal super contributions form and send it to your fund. You’ll receive an acknowledgement once it’s processed.
   4. If claiming a deduction, include the contribution amount in your tax return (usually in section D12).

How to get your co-contribution

It is not necessary to apply for the co-contribution. The ATO automatically works out the level of co-contribution and pays it into your super.