Getting money into super
Children and super contributions
Anyone under age 65, including children (i.e. under age 18), can contribute to super without meeting a work test. Children are subject to the same contributions caps as adults.
Super contributions by or for children
|Employer of Child||Child||Anyone other than employer or child (eg parent)|
|Tax deduction available?||Yes - for employer||Only if child has derived income in the income year from:
- carrying on a business, or
|Tax status of contribution||Concessional||- Concessional if tax deduction claimed, or
- Non-concessional if valid deduction notice is not submitted and acknowledged.
|Contributions tax applied to contribution||Max 15%||- Max 15% if concessional, or
- 0% if non-concessional.
Last modified: Thursday, August 24, 2017