04 Jun 2020
Want to top-up your super before the end of the 2019-20 financial year?
Make sure you get your contributions in on time so you don’t miss out on any tax advantages or government incentives.
We strongly recommend you consider using BPAY® over cheques because of the impact the COVID-19 pandemic is having on Australia Post’s delivery timeframes.
Note: Super legislation prevents us from backdating contribution payments.
BPAY® - Lodged by 5.00pm on Thursday 25 June 2020
This slightly earlier deadline allows us time to receive and process funds by Tuesday 30 June.
Log in to your account to get your BPAY biller code and reference number.
Get your BPAY details
Cheque (via post only) - Received by 12.00pm on Tuesday 30 June 2020
Our offices are currently closed due to COVID-19 restrictions, meaning you’re unable to submit your cheque to us in person. You’ll therefore need to allow enough time for your cheque to reach us by post.
We suggest mailing cheques 10-14 business days in advance of the 30 June deadline.
Remember, you’ll also need to submit a correctly completed form with your cheque (if you don’t, we may not be able to accept your payment and your contribution may not count for this financial year).
Mail your cheque and form to:
Level 1, 385 Bourke Street
Melbourne VIC 3000
Claiming a tax deduction for after-tax contributions
You may be able to claim a tax deduction for after-tax contributions. You can generally claim up to $25,000 each financial year. If you claim a tax deduction, your contribution is treated the same as a before-tax contribution and will count towards your concessional contribution cap.
To make a claim, complete a notice of intent before you lodge your tax return.
Submit a notice of intent
You can also complete the Claiming or varying a tax deduction form (PDF, 544 KB) and send it back to us.
There are limits on the total amount of contributions you can make into super each financial year without paying extra tax. If you exceed these limits, you may pay more tax on any contributions exceeding the caps.
More on contribution caps