Do Personal Super Contributions Reduce Taxable Income?

Claiming your personal super contributions as a tax deduction, or making a downsizer contribution, may reduce your taxable income. This can reduce the total amount of tax you pay.

Do voluntary super contributions reduce taxable income?

Even small amounts add up over time, and voluntary contributions can reduce the amount of tax you pay. If you're on a low income, you may be eligible for extra contributions from the government.

Are personal contributions to super tax deductible?

Tax-deductible super contributions

Personal super contributions—those made from money you've already paid tax on such as savings or your take-home pay—are tax deductible. These contributions can be claimed against your assessable income when you lodge your tax return.