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After-tax voluntary contributions

Generally you can make contributions to superannuation, as a lump sum or regularly via a deduction from your salary, up to the age of 65.  These contributions are not subject to tax on withdrawal from the superannuation fund when you meet a condition of release.  This is because tax has been deducted at your marginal tax rate before the contribution is made to your fund.

These contributions can sometimes be confused with salary sacrificed contributions or contributions made by people who are substantially self-employed and for whom a tax deduction is claimed.  You should check with your accountant or tax professional before claiming any deductions for superannuation contributions as strict rules apply.

Please refer to QSuper for more information.

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