Spouse Contribution Tax Offset

Where a taxpayer has a spouse with a low income or who is not working and under 67, they (the taxpayer) may be eligible to make a contribution to superannuation on their spouse’s behalf and claim a tax offset. This has the double effect of helping the spouse grow their retirement savings and also gives the taxpayer a tax benefit at the same time. The maximum tax offset that can be claimed is currently $540 and is available subject to several conditions being met.

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