Voluntary contributions

Adding a little extra today could make a big difference to your retirement.

What are voluntary contributions?

A voluntary contribution (also known as a personal contribution) is any extra after-tax money you choose to add to your super, from your after-tax salary or your personal savings. It can help increase your super balance over time, to give you more in retirement. You may also be able to claim a tax deduction on eligible personal contributions, which could reduce the tax you pay.

There are two types of voluntary contributions you can make to super

Voluntary contribution	Voluntary tax-deductible contribution
Looking for a simple way to grow your super? By adding money to your super, your contribution is treated as a non-concessional contribution. You can make a one‑off payment or contribute regularly from money held outside of super. Because the money’s already been taxed, your super fund won’t deduct tax on these contributions. For most people, the annual cap is $120,000 per financial year (increasing to $130,000 from 1 July 2026¹). If eligible, you may be able to contribute up to three years’ worth of caps at once (up to $360,000 or $390,000 from 1 July 2026) using the bring‑forward rule. Make sure to check your eligibility before making a large contribution.	Making a voluntary contribution and claiming a tax deduction may help you grow your super in a tax-effective way. By adding money to your super and claiming a tax deduction, your contribution is treated as a concessional contribution. Concessional contributions are capped at $30,000 per financial year (increasing to $32,500 from 1 July 2026¹) and includes employer contributions, such as Superannuation Guarantee (SG), as well as any salary sacrifice contributions. If eligible, you may be able to carry forward unused concessional contributions which means your personal concessional contribution cap may be higher than the annual cap. These contributions are generally taxed at 15% (or 30% if your income is over $250,000) which may be lower than your personal tax rate (up to 47% including the Medicare levy). This means you could boost your super while potentially paying less tax. Scroll down to ‘How do I claim a tax deduction?’ to learn more.

Voluntary contribution

Voluntary tax-deductible contribution

Looking for a simple way to grow your super? By adding money to your super, your contribution is treated as a non-concessional contribution.

You can make a one‑off payment or contribute regularly from money held outside of super. Because the money’s already been taxed, your super fund won’t deduct tax on these contributions.

For most people, the annual cap is $120,000 per financial year (increasing to $130,000 from 1 July 2026¹). If eligible, you may be able to contribute up to three years’ worth of caps at once (up to $360,000 or $390,000 from 1 July 2026) using the bring‑forward rule. Make sure to check your eligibility before making a large contribution.

Making a voluntary contribution and claiming a tax deduction may help you grow your super in a tax-effective way.

By adding money to your super and claiming a tax deduction, your contribution is treated as a concessional contribution.

Concessional contributions are capped at $30,000 per financial year (increasing to $32,500 from 1 July 2026¹) and includes employer contributions, such as Superannuation Guarantee (SG), as well as any salary sacrifice contributions.

If eligible, you may be able to carry forward unused concessional contributions which means your personal concessional contribution cap may be higher than the annual cap.

These contributions are generally taxed at 15% (or 30% if your income is over $250,000) which may be lower than your personal tax rate (up to 47% including the Medicare levy).

This means you could boost your super while potentially paying less tax.
Scroll down to ‘How do I claim a tax deduction?’ to learn more.

How to add to your super

You can add money to your super via BPAY®. Here’s how:  

Log in to your account
Click 'Make extra contribution' under 'Manage my account', where you’ll find your BPAY details
Log in to your internet banking and use these BPAY details to make your personal contribution. Make sure to use your member number as a reference.

How do I claim a tax-deduction?

You will need to submit a valid Notice of Intent to Claim form to us if you’re claiming a deduction for personal contributions made to your ANZ Smart Choice Super account. You can download our form and email it to us at smartchoice@insigniafinancial.com.au.

Once you’ve submitted the form, you must receive acknowledgement from us before you:

lodge your tax return
start a pension
withdraw money
rollover the contribution to another super fund.

If you intend to claim a tax deduction for personal contributions, those contributions need to be received by us by 30 June to count towards the current financial year. Please allow 3-5 business days before 30 June for BPAY payments to reach us.

For more information, or to determine if you’re eligible, visit the ATO website, speak with your registered tax agent or give us a call.

Things to consider before you make a voluntary contribution

Before you add money to your super, make sure to:

Check the contribution caps
Check your year-to-date contributions across all super accounts you hold to avoid exceeding caps
Consider whether you’ll claim a tax deduction
Be aware that super is generally preserved and can only be accessed once you meet a condition of release, such as retirement or reaching your preservation age.

Not sure if you’re eligible to contribute?

Speak with your financial adviser, registered tax agent, or contact us for help.

Contact us

Get online

Register for online access to your ANZ Smart Choice Super account in less than two minutes.

If you’ve already registered, log in to manage your account.

Need help?

Message or call the ANZ Smart Choice Super team on 13 12 87 weekdays 8.30am to 6.30pm (AEST).

Find out how our Hearing and interpreting services can support you.

Email us

smartchoice@insigniafinancial.com.au

¹ Subject to confirmation by the Australian Taxation Office (ATO)

® Registered to BPAY Pty Ltd ABN 69 079 137 518

The ANZ Smart Choice Super Financial Coaches, Super Advisers, Education Managers and Client Relationship Managers provide financial advice under the Australian Financial Services licence (AFSL) of Actuate Alliance Services Pty Ltd ABN 40 083 233 925 AFSL 240 959 (Actuate).

OnePath Custodians Pty Limited (ABN 12 008 508 496, AFSL 238346) (OPC) as the issuer of the ANZ Smart Choice Super suite of products, which includes ANZ Smart Choice Super and Pension, ANZ Smart Choice Super for employers and their employees and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees. OPC is the trustee of the Retirement Portfolio Service (ABN 61 808 189 263) (RPS) and the ANZ Smart Choice Super suite of products are part of the RPS.

Actuate and OPC are both part of the Insignia Financial group of companies comprising Insignia Financial Limited ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).

OPC has appointed Actuate to provide general and limited advice services (which includes simple super advice) to members of relevant products in the Fund. Neither OPC, nor any other entity within Insignia Financial Group, including any other entity within the Insignia Financial Group that is a trustee for a regulated superannuation fund, is liable for or responsible for any work, action or advice provided by Actuate.

Any advice or information provided to you by an ANZ Smart Choice Super Financial Coach during a super consultation will be of a general nature only and will not take into account your personal objectives, financial situation and needs. Because of that, before acting on any advice provide to you, you should consider its appropriateness to you, having regard to your personal objectives, financial situation and needs.

Please visit insigniafinancial.com.au/actuatewdi for important information about Actuate’s financial advice services.
² Shadforth Financial Group (Shadforth) ABN 27 127 508 472, AFSL 318613. Shadforth is part of the Insignia Financial Group. Please visit sfg.com.au/wdi-fsg for important information about Shadforth’s financial advice services.
³ Bridges Financial Services Pty Limited (Bridges) ABN 60 003 474 977 AFSL 240837. Bridges is part of the Insignia Financial Group. Please visit bridges.com.au/wdi-fsg for important information about Bridges’ financial advice services.

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