1 July 2003 to 30 June 2017
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Receiving spouse's ‘Income’ *
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Spouse contributions rebate (tax offset)
|
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Less than $10,800
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18% of the lesser of:
> total contributions made by the taxpayer for their spouse for the income year
OR
> $3,000
|
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$10,800 to $13,800
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18% of the lesser of:
> total contributions made by the taxpayer for the spouse for the income year
OR
> $3,000 - (receiving spouse's income - $10,800)
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Above $13,800
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ZERO
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This tax offset applies to contributions to a complying fund, made on behalf of a ‘spouse,’ for which you did not claim a tax deduction.
The maximum rebate (tax offset) available to the contributing spouse for a year is $540.
The contribution is a non-concessional contribution to the receiving spouse and is not eligible for the Government Co-Contribution.
The contributing spouse:
> must be an Australian resident
> can be any age and need not be working
> must not be the receiving spouse’s employer
The receiving spouse:
> must be an Australian resident when the contribution is made
> must be under age 65
> if aged 65 to 69, must have met the work test during the financial year and before the contribution is made