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  • BTA Advisory

Claim a tax deduction for your superannuation contribution

Updated: Aug 30, 2019

Claiming a tax deduction for personal superannuation contributions is no longer restricted to the self-employed. The rules changed on 1 July 2017 and anyone under the age of 75 will be able to claim contributions made from their after-tax income to a complying superannuation fund as fully tax deductible in the 2018-19 tax year.

Any contributions you claim a deduction on will count towards your concessional contribution cap. Such a deduction cannot increase or create a tax loss to be carried forward.

If you’re aged 65 or over, you will have to satisfy the work test to contribute and if you’re under 18 at 30 June you can only claim the deduction if you earned income as an employee or business owner. Other eligibility criteria apply.

To claim the deduction, you will first need to lodge a notice of intent to claim or vary a deduction for personal contributions form with your superannuation fund by the earlier of the day you lodge your tax return or the end of the following income year.


BTA Advisory is a registered tax agent and CPA public practice locate in Ashfield. We have more than 30 years of collective professional experience in taxation and business services.


Office: 57/1 Brown Street, Ashfield, NSW 2131

Tel: (02) 8542 9678

Email: bta@btaadvisory.com.au

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