Low income super tax offset 

If you earn less than $37,000 each year, you may be eligible for an annual super payment of up to $500.

Your super boost from the government

What is it?

The low income super tax offset (LISTO) is a government super payment of up to $500 each year to help low-income earners save for retirement.

How does it work?

When contributions are received into your super account, 15% is deducted as contributions tax and paid to the ATO. If you’re eligible for the LISTO, you’ll get a payment into your super account that’s equal to the 15% contributions tax you’ve paid in a financial year, up to a maximum of $500 each financial year.

Eligible contributions include:

  • super contributions paid by your employer
  • salary sacrifice contributions paid by your employer
  • contributions you've claimed a tax deduction for.

Are you eligible?

To be eligible for the LISTO payment:

  • you or your employer must pay before-tax contributions to a complying super fund (like Spirit Super)
  • your actual or estimated annual taxable income must be $37,000 or less
  • you can't have held a temporary resident visa at any time during the relevant financial year and
  • 10% or more of your total income must come from business and/or employment.

How do you get the LISTO payment?

You don't need to do anything. The ATO will determine if you're eligible and will pay any LISTO amount straight into your super account.

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Want to know more?

Read the Boosting your super with government help fact sheet.

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