End of financial year contribution dates for members
25 May 2022 4 min readIf you're thinking about making a contribution into your super account before the end of financial year, you'll need the following information.
There are 2 main ways to make contributions, which we must receive by 6pm (AEST) Thursday 30 June 2022. To ensure we receive your contribution by this date, and that it is reflected in the 2021–22 financial year, please follow the instructions below.
| Payment method | Due date | Notes |
|---|---|---|
|
BPAY® |
Monday 27 June 2022 |
|
|
Cheque |
Post no later than Wednesday 15 June 2022 |
Australia Post is still experiencing delivery delays due to COVID-19 and extreme weather conditions. So the earlier you post your cheque, the better. |
There are a few ways you can make extra super contributions.
After-tax (non-concessional) contributions
Government co-contribution
If your ‘total income’ will be less than $56,112 this financial year and you can invest some extra in your super before 30 June, you could be eligible for a co-contribution by the Government of up to $500.
Find out further information in our fact sheet Let the government top up your super or use our co-contribution calculator to see if you’re eligible and how much you may receive.
Before-tax (concessional) contributions
If you are hoping to take advantage of making contributions with pre-tax money, you can:
- speak with your employer about setting up regular salary sacrifice contributions or
- make an after-tax contribution and claim a tax deduction for that amount. You can do this by completing a Notice of intent to claim or vary a deduction for personal super contributions form and mailing it to the address shown above.
Further information and eligibility can be found on our website or our Salary sacrifice and save fact sheet.
Understanding your contribution options and limits will help you make informed decisions about the best way for you to grow your super. Find out more here.
