Year Lower Income Threshold Upper Income Threshold Max Entitlement
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.


Low Income Superannuation Contribution purpose is to estimate 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. Government proposes to replace with a tax offset from 1 July, 2017.