Putting a little extra away now could make a world of difference later. Boosting your retirement savings is easy and depending on your eligibility, the government may even match a portion of your contribution to super. Check your eligibility below and calculate the after-tax contribution you could receive from the government. 

Why make after-tax contributions?

Boost your balance

The more you put into your super now, the more you'll have to enjoy later in life.

Government co-contribution

If eligible, the government will reward your savings efforts with a co-contribution of up to $500.

Spouse contributions

By boosting your spouse's super balance, you could be eligible for a tax offset of up to $540.

Check your eligibility

Check your eligibility for a government
co-contribution

If you can answer 'yes' to the statements below, you are eligible for a government co-contribution if you make a personal after-tax contribution to your super in the 2021/22 financial year:

Am I eligible?

  1. My total income this financial year will be no more than $56,112.
  2. At least 10% of my total income for the 2021/22 financial year will come from employment-related activities, carrying on a business, or a combination of both.
  3. I will be less than 71 years old on 30 June 2022.
  4. I have not and will not hold a temporary resident visa this financial year (New Zealand citizens and holders of prescribed visas are exempt from this requirement).
  5. I will lodge an income tax return for the 2021/22 financial year.
  6. I have a total super balance1 less than $1.7 million at 30 June 2021.

Please refer to the ‘Important information’ section below for additional requirements, and refer to our fact sheet Let the government top up your super for more details.

1 Your total super balance is generally the total value of your super interests in both accumulation phase and retirement phase at the end of the previous financial year, noting that:

  • for accumulation phase, this is generally the withdrawal value at 30 June
  • for retirement phase, this is the balance of your personal transfer balance cap which is managed by the ATO.

You can view your total super balance through your Australian Taxation Office (ATO) linked account by logging into your myGov account.

Check spouse eligibility for tax offset

If you can answer 'yes' to the statements below, your partner (married or de facto) will be eligible for a tax offset on the ‘spouse contribution’ they make to your super (this is an additional contribution which must be made to your super):

Am I eligible?

  1. I am under age 67, or, have reached age 67 but am under age 75 and meet the work test.2
  2. Both my spouse and I are Australian residents when the eligible spouse contribution is made.
  3. My spouse and I are not living separately or apart on a permanent basis when the eligible spouse contribution is made.
  4. The eligible spouse contribution is made direct to my superannuation account (not first to my spouse's fund, then split to my super).
  5. The contribution is not being made to satisfy a family law obligation.

The offset available depends on the receiving spouse’s income. If the receiving spouse’s income is:

  • less than $37,000, then the contributing spouse will receive the full offset which is 18% of contribution (up to maximum amount)
  • between $37,000 and $40,000 — the offset is reduced for every $1 that the receiving spouse's income is over $37,000
  • over $40,000 — there is no offset available.

For more details, refer our fact sheet Make spouse contributions work for you.

2 The work test: Required to work at least 40 hours in 30 consecutive days in the financial year.
Work test exemption: If your total super balance (as defined in footnote reference 1) at the previous 30 June is less than $300,000, you will be exempt from this work test for 12 months from the end of the financial year in which you last met the work test. This exemption applies only once. 

Ensure you stay within the after-tax contribution limits

Rules and restrictions apply to how much you can contribute to super with after-tax money. It’s important to be aware of the limits; exceeding the contribution caps could mean paying extra in tax. For full details on the caps applicable, please carefully read our fact sheet Opportunities and limits for super contributions.

Co-contribution calculator

Calculate your super co-contribution and spouse contribution tax offset entitlements.

Your 2021/22 total taxable income* (Check eligibility conditions)
Maximum government co-contribution you could receive
$0.00
Personal after-tax super contribution required to receive maximum government co-contribution amount
$0.00
After-tax contribution amount your spouse will make on your behalf
Tax offset amount your spouse will be entitled to as part of their tax return (Check spouse tax offset eligibility conditions)
$0.00
Personal after-tax super contribution you will make
Government co-contribution you will receive (Refer to important information below)
$0.00

How to get started with after-tax contributions

It's easy to make either regular or once-off lump sum after-tax contributions to your NGS Super account. Simply choose the contribution method that best suits you:

Lodge your tax return

Once you’ve lodged your tax return the ATO will pay any co-contribution that you’re entitled to, directly into your NGS Super account — generally within 60 days. The amount will then appear on your next member statement.

When your spouse’s tax return is lodged, the ATO will take the tax offset for any spouse contribution into account when calculating the tax refund.

For more details, read our fact sheets Let the government top up your super and Make spouse contributions work for you. You can also call us on 1300 133 177 Monday to Friday, between 8am–8pm (AEST/AEDT).

Advice services

As a member of NGS, you have access to our dedicated advice services. Our expert advice team can help you make sense of your finances, and guide you to achieving the goals you have, whether big or small. Find out more

Important information

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