The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.E.38 Eligible personal superannuation contribution

Definition

A contribution a person made or makes is an 'eligible personal superannuation contribution' if:

  • the contribution was or is made on or after 1 July 2003 to a complying superannuation fund (1.1.C.141) or an RSA (1.1.R.50)
  • the contribution was or is made for the purpose of providing superannuation benefits for the person, and
  • the contribution is not any of the following
    • a roll‑over superannuation benefit
    • a superannuation lump sum that is paid from a foreign superannuation fund
    • an amount transferred from a KiwiSaver scheme to a complying superannuation fund
    • a directed termination payment
    • an amount transferred from a scheme that has never been an Australian superannuation fund or a foreign superannuation fund, was not established in Australia and is not centrally managed or controlled in Australia.

Note: The contribution is an eligible personal superannuation contribution only to the extent that the Commissioner of Taxation (1.1.C.125) has not allowed the contribution as a deduction for the person.

Act reference: PPL Rules section 6-'eligible personal superannuation contribution'

Superannuation (Government Co-contribution for Low Income Earners) Act 2003 section 7 Contributions that attract matching Government co‑contributions

Last reviewed: