• Change to personal super contributions deductions

    Currently, an individual (primarily self-employed) can claim a deduction for personal super contributions where they meet certain conditions. One of these conditions is that less than 10% of their income is from salary and wages.

    From 1 July 2017, this condition will be removed. The remaining conditions remain the same.

    The intent of this change is to improve flexibility of the super system so that more Australians can use their concessional contributions cap.

    See also:

    Last modified: 17 Feb 2017QC 51328