Author Topic: Tax return time and super  (Read 2461 times)

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Offline WilSurf

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Tax return time and super
« on: August 14, 2014, 10:22:58 AM »
All,
I have a question regarding the tax return this year.
I always do it myself as it isn't that hard to do.
However I have a question.

Last year I was working as a TPC (Third Party Contractor).
I received my pay weekly (great) and my super was deducted from my day rate.
It is my own super which I took over from my previous employer when they let me go.
Normally on the annual statement, it mentions the salaray, tax paid and super paid as the employer pays the super on top of your normal salary.
However last year it was me paying it, through the agent.
Do I put this paid super as my own contribution, I think it is item D22?

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Offline clarky

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Re: Tax return time and super
« Reply #1 on: August 14, 2014, 10:54:40 AM »
Hi Wilson,

D12 is where you would record your contributions for the year. You can only claim then if they have been received by your super fund by June 30. Additionally you are required to lodge a declaration with your fund advising that you intend to claim a tax deduction for the contributions. It is (rather unimaginatively) "Notice of intent to claim or vary a eduction for personal super contributions". Your super fund will provide one for you if you ask and will most likely do so automatically each year moving forward.

Offline McTavish

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Re: Tax return time and super
« Reply #2 on: August 14, 2014, 10:07:15 PM »
S290 form is the short name for it.   
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