For Australians seeking tax-effective strategies before 30 June, personal deductible super contributions can be highly effective. By contributing personal funds into super and lodging a valid Notice of Intent (NOI), eligible individuals may reduce taxable income while increasing retirement savings.
For 2025–26:
- Standard concessional cap: $30,000
- Carry-forward concessional caps may apply if TSB is under $500,000
This strategy may be especially useful when:
- Selling an investment property
- Realising capital gains
- Experiencing a high-income year
- Catching up on unused concessional caps
Critical Traps:
- Missing NOI deadlines
- Failing work test requirements after age 67
- Accidentally breaching NCC caps if deductions are denied
Important:
Personal deductible contributions cannot create a tax loss, and reducing income below effective tax-free thresholds may not always be beneficial.
Speak With Our Team
Personal deductible super contributions can provide valuable tax benefits, particularly during high-income years or when managing capital gains events. However, contribution caps, NOI requirements, and eligibility rules require careful planning.
Before making additional concessional contributions, contact our team to discuss your circumstances and help ensure your strategy aligns with current super and tax rules.
Disclaimer and Warning
The information above is of a general nature only. It should not be used as a source to make financial decisions. It’s also important to note that the legislation and figures related to this topic tend to change regularly and therefore the information above may not reflect the current status. We recommend that if you are looking for advice on this matter, you should contact us.