The ATO provides a government co-contribution (up to $500) for eligible low or middle-income earners who make personal after-tax super contributions.
Key ATO Rules (2024–25):
- Max income to be eligible: $58,445
- Full $500 co-contribution if income ? $43,445
- Tapered reduction between $43,445 and $58,445
- Max co-contribution is 50¢ per $1 contributed, up to $1,000
Super Co-contribution Calculator (Australia)
Note:
- Based on 2024–25 ATO thresholds.
- Assumes you're otherwise eligible (age, residency, under 71, etc).
- Doesn’t validate all ATO conditions like 10% income test or max contribution cap.