Superannuation Co-Contribution

Take time to review your income (before deductions and including Reportable Fringe Benefits) to consider if you may be eligble to receive a co-contribution to superannuation from the government - and then consider how much contribution to superannuation is appropriate in your circumstance (if any). Note: If your income is less than $60,342 you may be entitled to at least a part co-contribution if you make a personal contribution to superannuation.

See the following link for details and then discuss with us.

http://www.ato.gov.au/individuals/content.asp?doc=/content/42616.htm&page=1&H1