1 July 2024 to 30 June 2025

Report from the Commissioner of Taxation under subsection 12(G)(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 2024 to 30 June 2025.

The number of beneficiaries of a LISTO entitlement with an Adjusted Taxable Income	2,064,094
The number of beneficiaries of a LISTO entitlement with an estimated Adjusted Taxable Income	298,426
The total number of beneficiaries of a LISTO entitlement	2,362,520

 

The amount of LISTO entitlements made with an Adjusted Taxable Income	$585,951,000
The amount of LISTO entitlements made with an estimated Adjusted Taxable Income	$43,873,000
The total amount of LISTO entitlements made	$629,824,000

 

The total amount of LISTO entitlements recovered

$11,855,000

Notes:

This report includes entitlements determined during the 1 July 2024 to 30 June 2025 financial year.

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 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 low income superannuation tax offset entitlements determined and the total amount recovered are rounded up to the next whole $1,000.

The number of beneficiaries with an adjusted taxable income, or estimated adjusted taxable Income, in each of the following ranges

Adjusted taxable income range	LISTO beneficiaries relating to 2021–22 and Earlier	LISTO beneficiaries relating to 2022–23	LISTO beneficiaries relating to 2023–24	LISTO beneficiaries relating to 2024–25	Total LISTO beneficiaries determined in 2024–25
Under $0	14	43	514	0	571
$0 to $999	2,981	367,865	22,533	0	393,379
$1,000 to $1,999	222	2,469	13,819	1	16,511
$2,000 to $2,999	198	2,629	15,893	1	18,721
$3,000 to $3,999	160	2,779	17,947	0	20,886
$4,000 to $4,999	161	2,977	19,839	0	22,977
$5,000 to $5,999	139	3,048	21,929	0	25,116
$6,000 to $6,999	141	3,099	23,602	2	26,844
$7,000 to $7,999	152	3,255	25,485	0	28,892
$8,000 to $8,999	163	3,236	27,287	0	30,686
$9,000 to $9,999	188	3,159	29,123	0	32,470
$10,000 to $10,999	179	3,223	31,346	1	34,749
$11,000 to $11,999	169	3,105	32,864	0	36,138
$12,000 to $12,999	180	3,055	35,020	0	38,255
$13,000 to $13,999	188	2,918	36,920	0	40,026
$14,000 to $14,999	200	2,755	38,901	0	41,856
$15,000 to $15,999	195	2,675	42,091	1	44,962
$16,000 to $16,999	205	2,697	43,734	0	46,636
$17,000 to $17,999	266	2,786	47,519	0	50,571
$18,000 to $18,999	326	2,902	50,983	0	54,211
$19,000 to $19,999	296	3,066	53,041	0	56,403
$20,000 to $20,999	395	3,298	57,965	0	61,658
$21,000 to $21,999	366	3,800	69,408	0	73,574
$22,000 to $22,999	383	3,124	65,103	0	68,610
$23,000 to $23,999	386	2,925	64,639	0	67,950
$24,000 to $24,999	328	2,941	66,139	0	69,408
$25,000 to $25,999	332	3,011	68,462	0	71,805
$26,000 to $26,999	320	2,857	70,670	0	73,847
$27,000 to $27,999	328	2,979	71,555	0	74,862
$28,000 to $28,999	364	2,940	74,242	0	77,546
$29,000 to $29,999	309	2,911	76,162	0	79,382
$30,000 to $30,999	388	3,036	77,873	0	81,297
$31,000 to $31,999	356	2,840	77,980	0	81,176
$32,000 to $32,999	438	3,002	79,085	0	82,525
$33,000 to $33,999	539	3,057	80,014	0	83,610
$34,000 to $34,999	599	3,138	80,005	0	83,742
$35,000 to $35,999	792	3,354	80,463	0	84,609
$36,000 to $37,000	1078	3,607	81,374	0	86,059
Total	14,424	476,561	1,871,529	6	2,362,520

Note:

The high volume of beneficiaries with an adjusted taxable income of between $0–$999 relates to the ATO's processing of non-lodger low income superannuation tax offset entitlements for prior years.