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Co-contribution Thresholds  


Co-contribution Thresholds and Low Income Super Tax Offset
Year Lower Income Threshold Upper Income Threshold Max Entitlement
2024-25$$$500
2023-24$43,445$58,445$500
2022-23$42,016$57,016$500
2021-22$41,112$56,112$500
2020-21$39,837$54,837$500
2019-20$38,564$53,564$500
2018-19$37,697$52,697$500
2017-18$36,813$51,813$500
2016-17$36,021$51,021$500
2015-16$35,454$50,454$500
2014-15$34,488$49,488$500
2013-14$33,516$48,516$500
2012-13$31,920$46,920$500
2011-12$31,920$61,920$1,000
2010-11$31,920$61,920$1,000
2009-10$31,920$61,920$1,000
2008-9$30,342$60,342$1,500
2007-8$28,980$58,980$1,500
2006-7$28,000$58,000$1,500
2005-6$28,000$58,000$1,500
2004-5 $28,000 $58,000 $1,500
2003-4 $27,500 $40,000 $1,000

The maximum co-contribution payment is reduced to $500. Matching rate is $0.50 per $1 contributed to non-concessional voluntary contributions. The taper rate is $1 reduction per $3 over the lower threshold. Income includes reportable Fringe Benefits and Salary Sacrifice contributions. Co-contribution is tax free. No co-contributions for those with account balances over $1.6m


The purpose of the Low Income Superannuation Tax Offset (LISTO) - previously LISC until 30/06/2017 - is to eliminate tax on super contributions for low income earners. It is calculated as 15% of eligible contributions up to a maximum of $500. Only available for adjusted taxable income below $37,000. No taper.


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