Add extra money to your super

Next steps

Log in to CSC Navigator to find your BPAY details and start contributing today.

Before-tax contributions

Money that you add to your super before-tax, also known as salary sacrifice payments or ‘concessional contributions’, are taxed at 15% when they enter your account. This means you could pay less tax on salary sacrifice contributions than you would pay if you took that same amount as ordinary income.

How much you add to your super is up to you, so that you can make sure it’s affordable and within your budget.

Things you should know

• Tax: The higher your income, the more benefit you get. The benefits for those earning less than $37,000 per year are limited. If your personal tax rate is greater than 15%, the money you salary sacrifice may attract less tax than it would in your take-home pay.
• Contribution caps: There’s a cap on how much you can add to your super before tax. This is set by the ATO and changes periodically. You can find out more on the ATO website. Your employer may also have a cap on the amount you are allowed to salary sacrifice.
• Less take-home pay: Before-tax contributions will mean you take home less pay each fortnight. You need to weigh up the costs and benefits of salary sacrificing – taking into account your objectives, financial situation and needs – before making any decisions.

How to salary sacrifice

Confirm with your employer that they allow you to salary sacrifice to super (i.e. add money to your super before tax is applied). This may be handled via your payroll department or a third party arrangement.

If salary sacrificing is an option, you can ask your employer or relevant third party to deduct your salary sacrifice amount from your regular pay. Once it’s set up, your money will automatically be deducted from your salary and deposited into your super account until you ask them to stop.

We’ve created tools in online services to help you estimate how much you can salary sacrifice. To use these tools, log into CSC Navigator.

Spouse contributions

A simple way for your partner to support your super. These are after-tax contributions they can add directly into your account.

• Your partner doesn’t need to be in the same fund
• They can contribute using BPAY
• Depending on your income, they may even be eligible for a tax offset of up to $540. To find out more, visit the ATO website

To be eligible for a spouse contribution, your spouse:

• must live with you on a permanent basis
• is an Australian resident
• is not employed by you
• is aged 74 years or below.