Annual reports – Government co-contributions

1 July 2021 to 30 June 2022

Report from the Commissioner of Taxation under subsection 54(2) of the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 and related regulations on the working of the Act during the period 1 July 2021 to 30 June 2022.

The total number of beneficiaries of government co-contributions	385,042
The total amount of government co-contributions made	$119,605,000
The total amount of government co-contributions recovered	$1,268,000

Notes:

This report includes entitlements determined during the 1 July 2021 to 30 June 2022 financial year.

A determination of entitlement occurs once both an individual’s eligibility and the amount of their entitlement have been established.
Each beneficiary is only counted once regardless of the number of entitlements received for the financial year.
The total amount recovered includes all amounts overpaid as a result of a subsequent amendment to an individual’s income tax assessment or a change to the superannuation contributions reported for that individual.
Both the total amount of government co-contributions determined and the total amount recovered are rounded up to the next whole $1,000.

**The number of beneficiaries with total income for government co-contribution purposes in each of the following total income ranges:**
Total Income Range	Beneficiaries determined in 2018-19 and Earlier	Beneficiaries determined in 2019-20	Beneficiaries determined in 2020–21	Beneficiaries determined in 2020–21
Under $0	149	536	2,284	2,969
$0 to $999	249	341	2,151	2,741
$1,000 to $1,999	216	238	1,636	2,090
$2,000 to $2,999	187	205	1,624	2,016
$3,000 to $3,999	207	223	1,723	2,153
$4,000 to $4,999	174	215	1,748	2,137
$5,000 to $5,999	217	239	2,003	2,459
$6,000 to $6,999	175	263	1,965	2,403
$7,000 to $7,999	182	237	2,073	2,492
$8,000 to $8,999	190	225	2,056	2,471
$9,000 to $9,999	181	286	2,343	2,810
$10,000 to $10,999	193	319	2,536	3,048
$11,000 to $11,999	178	278	2,615	3,071
$12,000 to $12,999	184	291	2,595	3,070
$13,000 to $13,999	186	300	2,983	3,469
$14,000 to $14,999	182	329	3,016	3,527
$15,000 to $15,999	242	344	3,333	3,919
$16,000 to $16,999	245	374	3,486	4,105
$17,000 to $17,999	219	382	3,825	4,426
$18,000 to $18,999	253	450	4,484	5,187
$19,000 to $19,999	198	458	4,572	5,228
$20,000 to $20,999	338	615	5,499	6,452
$21,000 to $21,999	276	638	5,474	6,388
$22,000 to $22,999	247	584	6,394	7,225
$23,000 to $23,999	245	516	6,889	7,650
$24,000 to $24,999	264	485	6,695	7,444
$25,000 to $25,999	262	482	6,896	7,640
$26,000 to $26,999	230	506	7,010	7,746
$27,000 to $27,999	230	501	7,269	8,000
$28,000 to $28,999	233	503	7,273	8,009
$29,000 to $29,999	229	556	7,723	8,508
$30,000 to $30,999	249	561	8,109	8,919
$31,000 to $31,999	250	531	8,033	8,814
$32,000 to $32,999	262	513	8,148	8,923
$33,000 to $33,999	226	488	8,383	9,097
$34,000 to $34,999	255	518	8,562	9,335
$35,000 to $35,999	286	588	8,735	9,609
$36,000 to $36,999	280	598	8,617	9,495
$37,000 to $37,999	336	632	8,874	9,842
$38,000 to $38,999	286	553	9,000	9,839
$39,000 to $39,999	275	585	9,341	10,201
$40,000 to $40,999	296	649	9,306	10,251
$41,000 to $41,999	283	546	9,283	10,112
$42,000 to $42,999	314	578	9,459	10,351
$43,000 to $43,999	273	510	9,173	9,956
$44,000 to $44,999	294	561	9,483	10,338
$45,000 to $45,999	299	570	10,216	11,085
$46,000 to $46,999	279	544	9,677	10,500
$47,000 to $47,999	291	556	9,498	10,345
$48,000 to $48,999	273	574	9,364	10,211
$49,000 to $49,999	302	559	9,175	10,036
$50,000 to $50,999	266	634	9,283	10,183
$51,000 to $51,999	199	538	8,893	9,630
$52,000 to $52,999	154	583	9,313	10,050
$53,000 to $53,999	63	303	8,976	9,342
$54,000 to $54,999	86		7,244	7,330
$55,000 to $55,999	91			91
$56,000 to $56,999	66			66
$57,000 to $57,999	86			86
$58,000 to $58,999	54			54
$59,000 to $59,999	34			34
$60,000 to $60,999	40			40
$61,000 to $61,999	24			24
Total	13,533	25,191	346,318	385,042

NOTES:

The low number of beneficiaries in total income ranges above $52,999 are as a result of higher total income thresholds in prior years.

**The number of beneficiaries whose spouse's taxable income fell within each of the following ranges:**
Spouse Taxable Income Range	Number of spouses determined 2018-19 and Earlier	Number of spouses determined 2019–20	Number of spouses determined 2020–21	Number of spouses determined 2021–22
Under $0	87	307	1,531	1,925
$0 to $4,999	216	661	7,137	8,014
$5,000 to $9,999	137	405	4,151	4,693
$10,000 to $14,999	174	496	5,055	5,725
$15,000 to $19,999	224	643	6,865	7,732
$20,000 to $24,999	302	981	9,224	10,507
$25,000 to $29,999	223	774	8,524	9,521
$30,000 to $34,999	258	725	8,555	9,538
$35,000 to $39,999	277	840	8,662	9,779
$40,000 to $44,999	245	671	8,774	9,690
$45,000 to $49,999	214	604	9,115	9,933
$50,000 to $54,999	184	539	8,380	9,103
$55,000 to $59,999	181	467	7,802	8,450
$60,000 to $64,999	156	497	7,389	8,042
$65,000 to $69,999	173	398	6,987	7,558
$70,000 to $74,999	139	408	6,605	7,152
$75,000 to $79,999	147	405	6,462	7,014
$80,000 to $84,999	125	404	6,048	6,577
$85,000 to $89,999	119	322	5,541	5,982
$90,000 to $94,999	103	336	5,558	5,997
$95,000 to $99,999	81	318	4,952	5,351
$100,000 and above	1,135	4,132	56,405	61,672
Total	4,900	15,333	199,722	219,955

The number of beneficiaries who did not have a spouse at the end of the financial year	145,364

The number of beneficiaries whose spouse's taxable income was not able to be determined	19,723

Last modified: 06 Oct 2022QC 25777