Q&A3 Spouse Super Contribution Rebate

Q&A3 Spouse Super Contribution Rebate

Tax Planning Questions and AnswersHave you heard about the “Spouse Super Contribution Rebate”

Answer: You will be entitled to a tax offset of up to $540 per year if:

  • You make an after-tax contribution of up to $3,000 into your spouse’s super;
  • the sum of your spouse’s assessable income, total reportable fringe benefits amounts and reportable employer superannuation contributions was less than $13,800
  • the contributions were not deductible to you
  • the contributions were made to a superannuation fund that was a complying superannuation fund for the income year in which you made the contribution
  • both you and your spouse were Australian residents when the contributions were made, and
  • when making the contributions you and your spouse were not living separately and apart on a permanent basis.

Source: http://bit.ly/1q4RTTO

 

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