Government co-contributions

Government co-contributions

21 June 2018

Paul Rickard

What does a Government Co Contribution received into a SMSF get categorised as, concessional or non-concessional contribution?

A: Thanks for the question.

The Government co-contribution is classified as a non-concessional contribution, however it doesn’t count against the general $100,000 non-concessional cap.

Regards

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Government co-contributions

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"I share market commentary on TV, radio, and on
Switzer Daily, but for Subscribers I tell them
EXACTLY how I’m investing my money, and I hold nothing back!"

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and members of self-managed super funds