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.
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 |
0 |
7,244 |
7,330 |
$55,000 to $55,999 |
91 |
0 |
0 |
91 |
$56,000 to $56,999 |
66 |
0 |
0 |
66 |
$57,000 to $57,999 |
86 |
0 |
0 |
86 |
$58,000 to $58,999 |
54 |
0 |
0 |
54 |
$59,000 to $59,999 |
34 |
0 |
0 |
34 |
$60,000 to $60,999 |
40 |
0 |
0 |
40 |
$61,000 to $61,999 |
24 |
0 |
0 |
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.
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 |