Spouse contributions

Give a financial helping hand to your spouse or partner

Top up low super balances

If your spouse or partner has a low income (under $13,800) and a super account balance, did you know you can add to it? It can be a great boost to your savings and partnership. You can contribute up to $150,000 per year. You may also qualify for a tax offset.

It works both ways

Your spouse can also make contributions on your behalf. Obviously, one of you has to be a member of NGS Super to contribute for your husband, wife, or de facto partner.

Tax offset conditions - here’s an example

Say your spouse works part time, earning less than $10,800 as assessable income and reportable fringe benefits. You could qualify for the tax offset maximum of $540 per annum (18% on a $3,000 spouse contribution), if you meet the following conditions:

• The contributions were not deductible to the contributor
• Both the contributor and the spouse were Australian residents when the contributions were made
• When making contributions, the contributor and the spouse were not living separately and apart on a permanent basis

There is also a partial rebate available if your spouse earns between $10,800 and $13,800.

How to do it

• Click here for a Spouse Contribution form