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  • 1 July 2019 to 30 June 2020

    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 2019 to 30 June 2020.

    The total number of beneficiaries of government co-contributions

    393,154

    The total amount of government co-contributions made

    $122,646,000

    The total amount of government co-contributions recovered

    $1,164,000

    Notes:

    1. A determination of entitlement occurs once both an individual’s eligibility and the amount of their entitlement have been established.
    2. Each beneficiary is only counted once regardless of the number of entitlements received for the financial year.
    3. 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.
    4. 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 2019–20

    Under $0

    2,971

    $0 to $999

    2,769

    $1,000 to $1,999

    2,238

    $2,000 to $2,999

    2,262

    $3,000 to $3,999

    2,583

    $4,000 to $4,999

    2,685

    $5,000 to $5,999

    3,156

    $6,000 to $6,999

    2,994

    $7,000 to $7,999

    3,167

    $8,000 to $8,999

    3,247

    $9,000 to $9,999

    3,450

    $10,000 to $10,999

    3,834

    $11,000 to $11,999

    3,860

    $12,000 to $12,999

    4,248

    $13,000 to $13,999

    4,447

    $14,000 to $14,999

    4,779

    $15,000 to $15,999

    5,251

    $16,000 to $16,999

    5,436

    $17,000 to $17,999

    5,967

    $18,000 to $18,999

    6,862

    $19,000 to $19,999

    7,002

    $20,000 to $20,999

    8,786

    $21,000 to $21,999

    8,500

    $22,000 to $22,999

    8,322

    $23,000 to $23,999

    7,783

    $24,000 to $24,999

    7,814

    $25,000 to $25,999

    8,224

    $26,000 to $26,999

    8,019

    $27,000 to $27,999

    8,125

    $28,000 to $28,999

    8,422

    $29,000 to $29,999

    8,367

    $30,000 to $30,999

    8,903

    $31,000 to $31,999

    8,778

    $32,000 to $32,999

    8,995

    $33,000 to $33,999

    9,149

    $34,000 to $34,999

    9,346

    $35,000 to $35,999

    9,718

    $36,000 to $36,999

    9,864

    $37,000 to $37,999

    10,914

    $38,000 to $38,999

    10,081

    $39,000 to $39,999

    9,925

    $40,000 to $40,999

    10,489

    $41,000 to $41,999

    10,263

    $42,000 to $42,999

    10,404

    $43,000 to $43,999

    10,368

    $44,000 to $44,999

    10,529

    $45,000 to $45,999

    10,810

    $46,000 to $46,999

    10,337

    $47,000 to $47,999

    10,069

    $48,000 to $48,999

    10,170

    $49,000 to $49,999

    10,311

    $50,000 to $50,999

    10,605

    $51,000 to $51,999

    9,915

    $52,000 to $52,999

    6,780

    $53,000 to $53,999

    111

    $54,000 to $54,999

    117

    $55,000 to $55,999

    124

    $56,000 to $56,999

    124

    $57,000 to $57,999

    109

    $58,000 to $58,999

    75

    $59,000 to $59,999

    74

    $60,000 to $60,999

    70

    $61,000 to $61,999

    57

    Total

    393,154

    NOTES:

    1. 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 2019–20

    Under $0

    2,284

    $0 to $4,999

    8,978

    $5,000 to $9,999

    6,384

    $10,000 to $14,999

    7,669

    $15,000 to $19,999

    9,397

    $20,000 to $24,999

    12,200

    $25,000 to $29,999

    10,004

    $30,000 to $34,999

    9,714

    $35,000 to $39,999

    10,958

    $40,000 to $44,999

    9,826

    $45,000 to $49,999

    9,713

    $50,000 to $54,999

    9,343

    $55,000 to $59,999

    8,532

    $60,000 to $64,999

    8,218

    $65,000 to $69,999

    7,977

    $70,000 to $74,999

    7,308

    $75,000 to $79,999

    7,231

    $80,000 to $84,999

    6,688

    $85,000 to $89,999

    6,479

    $90,000 to $94,999

    6,247

    $95,000 to $99,999

    5,516

    $100,000 and above

    55,841

    Total

    226,507

     

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

    145,551

     

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

    21,096
      Last modified: 06 Oct 2022QC 25777