Save $540 of tax with a Spouse Super Contribution

Hi

Continuing with the June theme of year end tax saving tips, some of you might like to consider making a super contribution into your spouse’s super account.

If your spouse has income of less than $10,800 in the 2015 year, you can receive an 18% rebate on contributions made into their account. The maximum contribution is $3,000, giving a maximum rebate of $540.

If your spouses’ income is over $13,800 you won’t get any rebate, with tapering of the rebate between an income of $10,800 and $13,800.

To find out more about how this works and the conditions required click here

Any questions, give me a call

Lindsay 0413 952180

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