You may be able to claim a tax deduction for personal contributions you make to your superannuation (super). This includes people who get their income from: salary and wages a personal business (for example, people who are self-employed contractors, or freelancers) investments (including interest, dividends, rent and capital gains) government pensions or allowances super partnership or trust distributions a foreign source. The contributions that you claim as a deduction will count towards your concessional contributions cap. When deciding whether to claim a deduction for super contributions, you should consider the super impacts that may arise from this, including whether: you will exceed your contribution caps Division 293 tax applies to you you wish to split your contributions with your spouse it will affect your super co-contribution eligibility. If you exceed your cap, you will have to pay extra tax and any excess concessional contributions will count towards your non-concessional contributions cap. Find out about: Are you eligible to claim a deduction? How to make a claim When to give your notice of intent Splitting amounts to your spouse The effects of claiming a deduction [...]