Make Catholic Super your preferred super fund
A tax-effective plan for your future
Being your own boss means you’re responsible for your superannuation contributions.
Depending on how your business is structured, it may also mean you’re not obliged to make any payments. But this can disadvantage people who forgo super contributions in order to pump more money into their business, invest in new equipment, or simply to pay the bills. It means they may not have enough put aside for retirement.
Some of the following government concessions may help to offset this, including:
- a tax deduction on super contributions up to $30,000* that you make for yourself, and
- government co-contribution to help top-up your super if you earn less than $60,400 per annum*.
* For financial year 2024-25.