11/07/2025
⏳ Deadline approaching: Act now to make your personal super contribution before 30 June!
The end of financial year is your opportunity to grow your super and reduce your tax bill — but only if you act in time. If your taxable income exceeds $22,575, you could benefit by making a tax-deductible personal contribution to your super fund.
💡 For example: On a $90,000 salary, a $5,000 personal contribution could save you around $850 in tax and boost your super by $4,250. That’s thanks to the lower tax rate on super contributions (15%) compared to your marginal rate (30%).
To be eligible, you must:
✅ Be under 75 (note: if you’re 67–75, the work test applies)
âś… Stay within the $30,000 concessional contributions cap
âś… Make your contribution by 30 June 2025
âś… Lodge a Notice of Intent to claim the deduction and receive written acknowledgment from your fund
âś… Include the claim when you lodge your tax return
Don’t leave it too late - check your contributions, speak to your adviser, and take advantage of this smart EOFY strategy while you still can.
📲 Learn more on our blog - link in bio.