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  • Self-employed

    If you’re self-employed – that is, a sole trader or a partner in a partnership – you don’t have to make super contributions to a super fund for yourself. However, you may want to consider super as a way of saving for your retirement.

    Your fund can only accept personal contributions from you if it has your tax file number (TFN).

    If you’re self-employed, you may:

    • be able to claim a tax deduction for your super contributions
    • be eligible for the low income super tax offset (LISTO)
    • be eligible for the super co-contribution on contributions that you don’t claim a deduction for
    • benefit from the additional concessions for certain invalidity payments.

    See also:

    Last modified: 28 Nov 2018QC 23216