Super
06 June, 2023

Member end of year contribution cut-off dates for 2022-23

The end of financial year can be a great time to put a little extra into your super (if you’re able to) to take advantage of some of the tax concessions super offers.

What is the cut-off date for personal contributions?

To make sure your personal contributions are counted in the 2022-23 financial year, make sure we receive them by the following deadlines.

 

Paying by BPAY

To account for processing times, BPAY payments should be made no later than midnight Wednesday 28 June 2023.

To make your contribution, you’ll need our biller code and your reference number. These are available on your Account summary and Member statement, and in Member Online.

 

Paying by cheque

Cheques must be received by us by 3pm AEST on Friday 30 June 2023.

Cheques must be payable to ‘Spirit Super’ and must be accompanied by a Make a contribution form or remittance advice.

Cheques can be posted to:

Spirit Super

GPO Box 1547

Hobart TAS 7001

 

Notice of intent to claim a tax deduction

If you intend to claim a tax deduction on after-tax contributions made in the 2022-23 financial year, you must submit a claim prior to submitting your tax return for 2022-23. The latest you can submit a claim for the 2022-23 financial year is 30 June 2024.

For details on how to submit a claim, see our Claiming tax deductions for contributions fact sheet.

 

Don’t go over your limit

To keep things fair for everyone, there are limits on the amount you can contribute to super each financial year. If you go over the limits, you may pay more tax. For more details, see Contributions caps.

 

What happens if I miss the cut-off date?

Any contributions received after 30 June 2023 will be processed the following financial year. This may have tax implications for you in the 2023-24 financial year, particularly if you exceed your contributions caps for that year.

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