They need to be reported to the Australian Taxation Office since the ATO uses them to calculate tax concessions, taxes, Centrelink benefits, and a range of other thresholds. Reportable superannuation contributions are contributions made into superannuation over and above mandated super contributions. From the 2017–18 financial year, the. From 1 July 2017 to 30 June 2021 the general concessional contributions cap is $25,000. There are some exceptions. Employers who don't pay SG contributions in full by the due date (28days after the end of the quarter) or into the right fund must pay the super guarantee charge to us. 6 million. The tax offset for eligible spouse contributions can't be claimed for super contributions that you made to your own fund, then split to your spouse. As an example, say your salary is $36,000. ensure if it is a variation notice, that it does not increase the amount to be claimed. Contributions you make to your spouse's super are treated as their non-concessional contributions, whether or. The ATO website is getting a refresh soon. Your total super balance needs to be less than $500,000 on 30 June of the previous financial year. Before claiming a deduction for personal super contributions, you should consider the impacts on your super. the higher income threshold was set at $15,000 above the lower income threshold. 6 million on 30 June of the year before. 2. This form is for superannuation funds and their members to make a capital gains tax (CGT) cap election (NAT 71161). Division 293 tax may reduce the tax concession on super contributions for individuals. What is the maximum super contribution? The maximum super contribution you can make to your super depends on what type of contribution you're making. a1. Acknowledging notices. offer eligible employees choice of super fund. Your total income Your contribution Co-contributions $43,445 or less $1,000 $500 $45,445 $800 $400 $49,445 $600 $300 $51,445 $400 $200 $55,445 $200 $100 $58,445 or more $0 $0 – not eligible The figures in the above table are approximate only. How much super to pay for contractors. Rates and thresholds apply to contributions, employment termination payments, super guarantee and co-contributions. DinahUse the Super guarantee opt out for high income earners with multiple employers form (NAT 75067) to apply for a SG employer shortfall exemption certificate. Find out what amounts you need to include in which worksheets. Super co-contributions work by the ATO adding up to $500 to your super fund if you have made any non-concessional contributions, again, subject to you meeting certain eligibility criteria. au/super TAX 1 Plus Medicare levy. If you go over the cap, at the end of the financial year, the ATO will give. To be eligible to make catch-up concessional contributions the following must apply, noting that catch-up concessional contributions can be made on top of the annual concessional contributions cap ($27,500). gov. For employees who commenced from 1 November 2021, you can only make contributions to your default fund if the ATO advises there is no stapled super fund. au. it will be harder to keep track of your super. After-tax contributions. Invalid and invalid carer tax offset. An employer does not have to pay super guarantee for the part of earnings above this limit. To exclude the amount from your non-concessional contributions cap and have it count towards your CGT cap amount instead, you must notify the fund using the CGT cap election form . To be eligible to make catch-up CCs, one criteria is your total super balance must be below $500,000 at the prior 30 June. Super co-contribution If you are a low or middle-income earner and make personal (after-tax) super contributions to your super fund, the government also contributes to your super (called super co-contribution) up to a maximum amount of $500. $17,353 if no employee contributions are made. Medicare and private health insurance. under 18 years old, you pay it if they work more than. However, there are certain circumstances where you can contribute more than $27,500 in one year. This lets us know the amount you’d like to claim. If you have more than one super fund, all your. as a primary locator to link contributions and rollovers with member accounts and to locate member accounts. Employers who don't pay SG contributions in full by the due date (28days after the end of the quarter) or into the right fund must pay the super guarantee charge to us. Ordinary time earnings are what you earn for your ordinary hours of work. It will also reduce the risk of businesses building up large super contribution liabilities at the end of each quarter. Once you lodge your tax return for the 2023-24 financial year, the ATO will pay any eligible co-contributions into your First Super account automatically. offer eligible employees choice of super fund. This is known as catch-up concessional contributions. For those earning more than $250,000, an additional 15% tax may be payable on some or all your concessional contributions. The more you contribute during your working life, the more you'll have for your retirement. Start the course now. The minimum super you must pay is the super guarantee percentage of the worker's ordinary time earnings. The exception is downsizer contributions, which you could make if you were 65 years or older. The default assumptions in this calculator are based on Treasury’s long-term retirement income models. OTE is the amount you pay employees for their ordinary hours of work, including things like commissions and shift loadings. If you don't claim a tax deduction for them. Your Total Super Balance (TSB) must be under $500,000 as at 30 June in the previous financial year. Between 1 July 2020 and 30 June 2022, you could accept. . Your personal non-concessional contribution cap may vary depending on factors such as the amounts you’ve contributed in previous years as well as your eligibility to access the bring forward arrangement. You can generally contribute up to $27,500 each financial year. Find out about caps on contributions to defined benefit funds and constitutionally protected (CPF) funds. This lets us know the amount you’d like to claim. To. You can now: view your super fund accounts and balances, and amounts held by us; find lost and ATO-held super and. you're a high-income earner. The super. 28 July. If a member is eligible, they can claim an income tax deduction for super contributions they make for their own benefit. The calculator doesn't calculate nominal interest. Use our employer contributions. Claiming a tax deduction on your after-tax contribution essentially changes it to a before-tax contribution. Division 293 tax may reduce the tax concession on super contributions for individuals. This means that the maximum super guarantee amount an employer is required to contribute is the equivalent of 11% of $62,270 per quarter (equivalent to $249,080 for the. Too easy! eligibility for the super co-contribution. You may be able to claim a tax offset of up to $540 per year if you make a super contribution on behalf of your spouse (married or de facto) if their income is below $40,000. Your SMSF must lodge an. contribution rules they can add up to $300,000 each to their super accounts. The SG rate increased to 11% on 1 July 2023. The notices contain details of super co-contribution or low income super tax offset (LISTO) payments to be recovered from. 6 million on 30 June of the year before. Work through the 8 modules in the order listed below: Module 1: Overview of superannuation. Personal super contributions You may be able to claim a deduction for personal super contributions you make to a complying super fund or retirement savings account. select Australian Taxation Office. Non-resident foreign income. Module 1: Overview of superannuation. This is the maximum amount of CGT-related super contributions you can exclude from your non-concessional contribution limits. The tax offset for eligible spouse contributions can't be claimed for super contributions that you made to your own fund, then split to your spouse. Peter contributes $330 for the July to September quarter to Sue’s super fund by the quarterly due date of 28 October 2023. Generally, if your income plus super contributions is: under $250,000 p. Nil if your Total Super Balance is greater than the transfer balance cap ($1. The calculator doesn't calculate nominal interest. If you use any unused concessional contribution cap amounts and your total super balance just before the start of the financial year is $500,000 or more, you may receive an excess concessional contributions notification from the ATO. gov. the matching rate was set at 50%. Your personal contributions must reach your super fund by 30 June for you to receive a government co-contribution for that financial year. For most people, super begins when you start. Super provides income for your employees in their retirement. Employer contributions. Choose the right investment options for you. Maximum offset amount is reduced by $0. If you're over 65, you can make a one-off post-tax contribution of up to $300,000 into your super using the money received from selling your home. For quarters beginning on or after 1 January 2020, a salary-sacrificed contribution cannot be offset against the SGC. The Government will also set public targets for the ATO on. Super funds that are not SMSFs at the end of 2020–21 must use the Fund income tax return 2021 and, where required, report contributions and member account balances separately. the maximum co-contribution entitlement was set at $500. is in accumulation phase. Although RESC are not included in your employee’s assessable income. How the super co-contribution scheme helps low or middle-income earners boost their retirement savings. The super co-contribution calculator is a tool to help individuals, including the self-employed, estimate their co-contribution entitlement and eligibility, based on information provided about: income; personal super contributions. Low income super tax offset. Government contributions superannuation (super) recovery notices are sent to funds to advise them of members who have received an overpayment from us. reportable employer super contributions; deductible personal super contributions. Module 6: Correcting late super payments. Reportable employer superannuation contributions are additional to the compulsory contributions your employer must make. can only be made in respect of current employers. Even if you outsource some parts of making super contributions, you're still responsible for ensuring your employees' super contributions are paid correctly. $3,000. You can check your employer is paying your super by: using ATO online services through myGov or the ATO app to see contributions your employer has made to your super fund; contacting your employer to ask how much they've paid. to help consolidate super accounts within and across funds. gov. Check if you need to report your super. Step 2: Apply that proportion to calculate the tax-free component of Peter’s lump sum as follows: $50,000 x 25% – $12,500. bring-forward arrangement for non-concessional contributions; total super balance. After-tax contributions are known as ‘non-concessional contributions’ because you don’t receive a tax deduction. Step 4: Report unpaid super. The ATO issues Vinnie with an excess non-concessional contribution tax assessment for $47,000 ($47% of $100,000). Select Save and continue when you have completed the Income tests section. Some super funds require employers to contribute monthly. Find out about caps on contributions to defined benefit funds and constitutionally protected (CPF) funds. 7 million. Your Total Super Balance (TSB) must be under $500,000 as at 30 June in the previous financial year. $4,145 if employee contributions of $7,000 are made. The requirement to pay excess contributions tax will depend on which contribution cap you exceeded and whether or not you chose to withdraw the excess contributions from superannuation. You may have to pay more tax if you exceeded the non-concessional contributions cap. Insurance premiums are contributions. Last modified: 02 Aug 2023 QC 73085. If your contributions amounts go over these caps, you may have to pay extra tax. Super contributions optimiser. Reportable superannuation contributions are extra money that you or your employer have paid into your super in addition to the mandatory super payments. Request your employee’s stapled super fund details if they do not make a choice. The super capital gains tax cap is a lifetime limit. any personal contributions you made that you’ve advised. Source: ato. gov. To report unpaid super contributions by your employer, you will need to provide your personal details (including your Tax File Number), the period you are checking and your employer’s details,. If you have more than one super fund, all your. Super funds that are not SMSFs at the end of 2020–21 must use the Fund income tax return 2021 and, where required, report contributions and member account balances separately. as a primary locator to link contributions and rollovers with member accounts and to locate member accounts. What is the right way to notify my super fund that I want to contribute a carry-forward contribution for amounts still available from the 2018-19 financial year? I called my super fund about this and they advised me to fill out a 'Notice of intent to claim a deduction for personal super contributions' form for both 2018-19 and 2019-20 with the amounts. Super may be taxed at 3 points in its life cycle: on contributions on the investment earnings in the fund, which in the accumulation phase are taxed at 15% retirement phase. cannot be used as a contribution for the current quarter or future quarter's super contributions. As at 1 July 2021, your annual non-concessional cap is $110,000. When a person dies, in most cases their super fund pays their remaining super to their nominated beneficiary. Module 1: Overview of superannuation. A member who. This means it will count towards the annual concessional contribution cap of $27,500. Have you determined. SuperStream transmits money and information consistently across the super system – between employers, funds, service. the higher income threshold was set at $15,000 above the lower income threshold. Module 5: Paying super contributions. You can't claim a deduction until you've received acknowledgement back from your fund. SuperStream transmits money and information consistently across the super system – between employers, funds, service. You. OTE to work out the minimum super guarantee contribution for your employees. a. Medicare and private health insurance. Work through the 8 modules in the order listed below: Module 1: Overview of superannuation. super funds that notified us before the start of the income year that they elected to treat all member contributions to the: super fund as non-deductible, or; defined benefit interest within the fund as non-deductible. Returning contributions. If you do claim it as a tax deduction, the contribution will be recorded as a concessional contribution. Super may be taxed at 3 points in its life cycle: on contributions. Only self-managed superannuation funds (SMSFs) can use the Self-managed superannuation fund annual return 2021. Division 293 tax is charged at 15% of the excess over the threshold or the taxable super contributions, whichever is less. If they wanted to add more to Jenny’s super, they could split the contributions by adding $300,000 to Jenny’s super and $100,000 to Tom’s super. You can learn more about this on the ATO website. If you choose to have the contributions offset. To be eligible to make after-tax contributions, you must have less than $1. How to complete this form. Employers must provide a payment reference number with each payment to a fund – at USI (unique superannuation identifier) level – to enable automated reconciliation of payment and data. EFT or BPAY direct to the fund Example: 2 part tax offset for spouse super contributions. you are aged less than 65 years. Contributing more than the caps to your super may mean having to pay extra tax. What you need to do: Select your default super fund. small business 50% active asset reduction. Step 2: Collect employee information. 70 per quarter ($62,270 x 11%). This form notifies us that you made concessional contributions in one financial year (year 1) but your self-managed superannuation fund (SMSF) did not allocate them to you until the next financial year (year 2). If your income and concessional super contributions total more than $250,000, check if you have to pay Division 293 tax. You may be able to elect to receive a late payment offset (LPO). How to pay super, the amount to pay and due dates for payment. 31 March 2024. Contributions caps. They exclude compulsory employer contributions, such. Hi @Ellen, To use your unused cap amounts you need to meet two conditions, your total super balance at the end of 30 June of the previous financial year is less than $500,000 and you made concessional contributions in the financial year that exceeded your general concessional contributions cap. 2022-23. You need to properly document contributions and rollovers, including the amount, type and breakdown of components, and allocate them to the members’ accounts within 28 days of the end of the month in which you received them. The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying super fund or retirement savings account (RSA). After-tax (non-concessional. Pay electronically to complying super funds and retirement savings accounts. For 2022–23, the annual non-concessional contributions cap is $110,000 if your total superannuation balance on 30 June 2022 was less than $1. 28 April. the tax-free and taxable components of the super. The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying super fund or retirement. Our tax return instructions show you can amend your return to claim the. The annual cap for concessional contributions is $27,500 for the 2023–24 tax year. The super guarantee charge (SGC) applies when employers don’t pay the minimum amount of super guarantee (SG) for their eligible employees to the correct fund by the due date. Your foreign employment income isn't taken into account in working out your entitlement to a deduction for personal super contributions, however you still need to meet the other eligibility. Contributions caps. This is the labour component of the contract. Information you need. The sum of your spouse's assessable income (excluding any assessable First home super saver released amount or COVID-19 early release of superannuation payment), total reportable fringe benefits amounts and reportable. Contributing more than the caps to your super may mean having to pay extra tax. Generally, you have to pay the super guarantee to employees who are: Under 18 and working more than 30 hours per week. Employers need to make super guarantee (SG) contributions to an employee's super fund for every quarter and ensure that they are received by the fund by the following dates: Quarter 1 (July–September) – due 28 October. Julie lodges an income tax return which includes tax deductions of $1,000, resulting in an adjusted taxable income of $31,000 ($32,000−$1,000). You can boost your retirement savings by making voluntary super contributions, such as by: setting up a salary sacrifice arrangement with your employer. You were under 71 years old on 30 June 2022. Adjustments. This is now reviewed annually to. Super contributions to defined benefit and constitutionally protected funds Find out about caps on contributions to defined benefit funds and constitutionally protected (CPF) funds. The ATO sends an excess non-concessional contributions tax release authority to Vinnie's super fund instructing them to release $47,000 from his super. annual returns for fringe benefits tax (FBT) and goods and services tax (GST)If someone earning $125,000 put 4% of their pre-tax wage into super this financial year, it would increase their total super contribution by 32%, while only dropping their take home pay by 3%. You need to be less than 71 years old by the end of the financial year and meet certain lower and higher income thresholds, which vary depending on the. you may miss out on a super co-contribution, if eligible. Super contributions to defined benefit and constitutionally protected funds Find out about caps on contributions to defined benefit funds and constitutionally protected (CPF) funds. You can check your employer is paying your super by: using ATO online services through myGov or the ATO app to see contributions your employer has made to your super fund; contacting your employer to ask how much they've paid and to which fund. When a person dies, in most cases their super fund pays their remaining super to their nominated beneficiary. You don’t need to offer a choice of super fund to some employees, but you may still need to request. The exception is downsizer contributions, which you could make if you were 65 years or older. you're a high-income earner. the maximum co-contribution entitlement was set at $500. Case studies. Government super contributions. Personal contributions – deductions. Peter contributes $330 for the July to September quarter to Sue’s super fund by the quarterly due date of 28 October 2023. Deductions for personal super contributions. To claim a deduction, you must first give your super fund or RSA provider a valid notice of intent and receive an acknowledgment form from your. How to personalise your tax return. Personal super contributions made on or after 1 July 2017. SG contributions should be paid to one of the following: Employee's chosen fund Employee's stapled super fund Other fund that meets your choice of fund obligations. You were under 71 years old on 30 June 2022. The minimum super contribution for Sue for the pay period is: $3,000 × 11% = $330. you're a high-income earner. If the stapled super fund account provided by us can't accept contributions for the employee, you should make another request for the employee’s stapled super fund via ATO online services. You must have provided your super fund with your tax. Payments from super. The Super guarantee (SG) contributions calculator tool helps you work out the superannuation guarantee amount to pay to your employee's super fund. If your income and concessional super contributions total more than $250,000, check if you have to pay Division 293 tax. whether you take the benefit as an income stream or a lump sum. Your total superannuation balance at 30 June 2021 was less than $1,600,000. Calculation of contributions tax, including standard contributions tax and Division 293 tax for high income earners. If your employee's details are incorrect, their super fund may:. a1. Contributions for spouses or children. It will help you work out the. There is no limit to how much super employees can contribute each year. General concessional contributions cap. your spouse. From the 2017–18 financial year, the. you may miss out on a super co-contribution, if eligible. Source: ato. Superannuation is money employers pay eligible workers to provide for their retirement. Answer. How much you can contribute. Module 6: Correcting late super payments. AustralianSuper doesn’t accept liability for any loss or damage caused by use of the QuickSuper service and doesn’t receive any commissions from Westpac if employers use this service. A couple, George and Jane, sell their home for $800,000. accumulation phase are taxed at 15%. For a member turning 75, contributions must be received no later than 28 days after the end of the month they turn 75. From 1 July 2021, the concessional contributions cap is $27,500. These myTax 2021 instructions will help you if you made an eligible personal super contribution (not including amounts which you are claiming as a deduction). Before-tax super contributions cap. a separate payment transfer. 6 million on 30 June of the year before. The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying super fund or retirement savings account (RSA). You may be able to claim a deduction for personal super contributions you make to a complying super fund or retirement savings account (RSA). The low-rate cap amount for the 2023–24 financial year is $235,000. Worksheet 2; Row. Funds must allocate contributions to a member’s account within three business days. You may have to pay more tax if you exceeded the non-concessional contributions cap. Tax offsets. If you have a tax file number (TFN) you can make personal super contributions into a super fund of your choice and you may: be able to claim a tax deduction for your super contributions; be eligible for the low-income super tax offset; be eligible for the super co-contribution on contributions you don't claim a deduction forThe super guarantee charge (SGC) applies when employers don’t pay the minimum amount of super guarantee (SG) for their eligible employees to the correct fund by the due date. The 12% employer super contributions are not reportable because the employees have no influence over the contribution rate. You must enter the amounts of your: personal super. Opinion. Individuals can re-contribute amounts they withdrew under the COVID-19 early release of super. For most people, 15% is lower than the marginal tax rate you pay on income. Module 3: Setting up super for your employees. • contributions by parents, other family or friends (not in the capacity of an employer) • government co-contributions. If your total income is between $43,445 and $58,445 in the 2023/24 financial year, your maximum entitlement will reduce progressively as your. Check when to use this workbook and why we need the information, and how to get it in a portable document format (PDF). You can find your income statement in ATO online services through myGov or the ATO app. These contributions are taxed at 15%. you are aged less than 65 years. To manage super in your ATO online account follow these steps: Australian Taxation Office You can check your super balances, find lost super, compare super. This tells us the amount you want to claim. The super guarantee charge (SGC) applies when employers don’t pay the minimum amount of super guarantee (SG) for their eligible employees to the correct fund by the due date. The concessional contributions cap includes employer contributions, as well as any salary sacrifice contributions you make. Johnson Pty Ltd must record the extra contributions made for Adnan as reportable employer super contributions. Note: A nomination to offset late payments is binding and cannot be changed. Rates and thresholds apply to contributions, employment termination payments, super guarantee and co-contributions. This contribution is a legislative requirement payable by all employers. Employee age – for employees who are. Step 3: Receive confirmation from AustralianSuper. You can boost your retirement savings by making voluntary super contributions, such as by: setting up a salary sacrifice arrangement with your employer. You can also make payments more frequently than quarterly, for example fortnightly or monthly. Julie lodges an income tax return which includes tax deductions of $1,000, resulting in an adjusted taxable income of $31,000 ($32,000−$1,000). If you have more than one super fund, all. If you' are unsure if you’re a member of one of these funds, contact your super fund. 28 April 2024. Government super contributions workbook 2023. Ben completes the Superannuation contributions splitting application form on the ATO website and lodges it with his fund in August 2023. Contributions made by an employer that are personal contributions. Your employer must pay SG contributions into your super account at least every three months. You can boost your retirement savings by making voluntary super contributions, such as by: setting up a salary sacrifice arrangement with your employer. Eligible small businesses can pay super for their employees through the Small Business Superannuation Clearing House. Personal superannuation contribution deduction – notice of intent to claim (NOI)Adding to your super. General concessional contributions cap. If the rules of your super fund allow it, you can nominate the beneficiary for your super, by making a non-binding or binding nomination. the matching rate was set at 50%. Enter Income (including any salary sacrifice amounts) 2. If you are under 67, the Australian Taxation Office (ATO) says your fund can accept all (including personal contributions) regardless of whether you have retired or are still working. Try the updated ato. With SuperStream money and data are sent electronically in a standard format. That means unpaid super affects more than a quarter of employees, costing each affected worker an average of $1,700 per year. Payments from super. If you choose to have the contributions offset. From 1 July 2022, you can accept all types of non-mandated contributions, except downsizer contributions (these can only be made if the member has reached eligible. Before-tax contributions are generally taxed at 15%, unless you: earn more than $250,000 p. Manage reportable super contributions . If you have a spouse, their share of the net income of a trust on which the trustee must pay tax (under section 98 of the Income Tax Assessment Act 1936) and which has not been included in their taxable. Australian Taxation Office. your total super balance, which is relevant to how some key superannuation rules apply to you. 5% of Adnan's salary. You may be able to elect to receive a late payment offset (LPO). you exceed the concessional or non-concessional contribution caps. from the 2014–15 to the 2016–17 financial year if you were 49 years or over. Division 293 tax. Growing your super. Maximum spouse contributions eligible for the tax offset. Generally, the ATO will not pursue unpaid super enquiries relating to contribution periods that ended more than five years ago. If your income and concessional super contributions total more than $250,000, check if you have to pay Division 293 tax. 1. It was part of a suite of measures designed to put. (An exception is the ATO charges 30% if your income plus super is more than $250,000/year. These contributions come from after-tax income, so they are non-concessional contributions. Understanding the difference between concessional and non-concessional contributions and how they work is key to making the most of your super. You must pay SG contributions by the quarterly due dates – 28 days after the end of each quarter to avoid the SG charge. Super contributions to defined benefit and. super fund details before making a super contribution. $17,353 if no employee contributions are made. Our annual publication, Taxation statistics, provides a comprehensive statistical summary of information taxpayers report to us. If you are eligible for LISTO, the ATO automatically refunds $500 into your super account. More information on ordinary time earnings (OTE) is available from the Australian Taxation Office (ATO) at ato. External Link. Super investment options. SuperStream is the way businesses must pay employee superannuation guarantee contributions to super funds. They are taxed in the fund at a rate of 15%. You should also contact your super fund to discuss: the contributions that were made; how a contribution cap was exceeded. Carmel and Adam are married and living together. Overview. To claim a deduction, you must first give your super fund or RSA provider a valid notice of intent and receive an acknowledgment form from your fund or RSA provider. 7 million in super on June 30 of the previous financial year. is in accumulation phase. Your total super balance needs to be less than $500,000 on 30 June of the previous financial year. You may have to pay more tax if you exceeded the non-concessional contributions cap. This means the before-tax contributions made to a super fund – these are taxed at a lower (i. From 1 July 2017 to 30 June 2021, the concessional contribution cap for each year was $25,000. If you did not have a spouse for the full year, print X in the No box at L and write the dates you had a spouse in 2021–22 at M and N. Use ATO online services to keep track of your super, including accounts you may have forgotten or lost touch with. The government will pay 15% of the before-tax contributions made into your super account back into your super, up to a maximum of $500 per financial year. On this page. If you are eligible to. The annual cap for concessional contributions is $27,500 for the 2023–24 tax year. Schedule 3 in the SuperStream legislation, standards and schedules. au or call us on 1300 360 149. As a guide, employers contribute at least 11% of an employee's earnings to super. 2 million to the Australian Taxation Office (ATO) in 2023–24. Your total superannuation balance at 30 June 2021 was less than $1,600,000. Hybrid funds can provide:for personal super contributions visit the Australian Taxation Office (ATO) website at ato. Choose the right investment options for you. Tax offsets.