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Paying your own money into super (voluntary after-tax contributions)

For many people the compulsory contributions made by your employer may not be enough. You might want to increase the amount you invest in super by making your own contributions. Voluntary after-tax contributions are those made to your super fund from your after-tax (net) salary, either on a regular or one-off basis.

By making a voluntary after-tax contribution you may be eligible to take advantage of the Government's Co-contribution scheme.

Voluntary after-tax contributions can be made through a payroll deduction (on an after-tax basis), a direct debit from your bank account, a cheque deposit or you can even BPAY them!

Excess contribution caps apply to contributions made to your super account. Superannuation funds are unable to accept voluntary contributions if you have not provided your Tax File Number (TFN) or any one-off contributions exceeding the cap. Any super contributions over the cap are subject to extra tax.  Voluntary contributions count towards the non-concessional contributions cap.