Guide for employees and self-employed - reportable superannuation contributions

How reportable super contributions affect you

You do not include reportable super contributions in your assessable income. However, you add them back into your income to work out if you meet the income tests for the benefits, concessions and obligations we administer, such as:

• the Medicare levy surcharge threshold calculation
• the Medicare levy surcharge (lump sum payment in arrears) tax offset
• all dependent tax offsets
• the senior Australian tax offset
• the pensioner tax offset
• the Higher Education Loan Program (HELP) and Student Financial Supplement Scheme (SFSS) repayments
• deducting your non-commercial business losses
• the low income super contribution (income threshold)
• income tax concessions available to participants in certain employee share schemes.

You add your reportable employer super contribution amount but do not deduct your personal deductible super contributions when working out if you meet the assessable income test for the following offsets and benefits:

• the mature age worker tax offset
• the spouse superannuation contributions tax offset
• super co-contributions
• the low income super contribution (10% eligible income test)
• deductions for personal contributions.