When it comes to your retirement, it’s the little things that make a big difference. Learn how you can boost your super below.

Voluntary Contributions

In addition to the compulsory contributions you receive from your employer, you can make voluntary contributions as a way to boost your super.

  • Salary Sacrifice Contributions
  • Personal Contributions

Salary Sacrifice

Salary Sacrifice is just as the term suggests, you’re sacrificing your salary – where instead of receiving your salary in your pocket today, you request for it to be added to your super. These contributions are also known as ‘pre-tax’ contributions and like your regular super guarantee contributions, these salary sacrifice contributions will be taxed at 15%, making it a tax-effective way to save for your super.

It’s important to remember that there is a cap on your pre-tax contributions of $25,000 – these includes your employer Super Guarantee as well. For example, if you receive super $10,000 of super from your employer this financial year, you can add a maximum of $15,000 of pre-tax contributions to your account.

To start making salary sacrifice contributions, complete the “Voluntary Contributions Form” Form found here and hand it to your employer. Your employer will then add contributions as per your instructions via SuperStream.

Personal Contributions

Personal contributions (or member contributions) are another way to add to your super – especially, if you’re self-employed or out of work for the time being. These contributions are also known as ‘after-tax’ contributions, which means that these contributions have already been taxed at your personal marginal tax rate, so these contributions won’t be taxed again when they enter your account.

You can make a maximum of $100,000 of after-tax contributions per financial year.

You can start making personal contributions, by using your BPAY® Details.

BPAY® allows you to make a contribution by phone or internet from your phone or internet banking account at a time convenient to you. And it’s available 365 days a year!

The BPAY Biller Code and your Customer Reference Number is available in your online account. Click on the circle icon next to your name > Click ‘Personal Details’ >  Scroll to the bottom of the page

Members making a personal contribution may also be eligible to apply for a Tax Deduction for the Personal Super Contributions made to their account. To find out more on the eligibility criteria and process on how to apply, please refer to the ATO website here.

Contribution Caps Apply

It’s important to note that there are limits of how much you can contribute depending on the contribution type.  These contribution caps are subject to change depending on Government legislations. To find out the current contribution caps, please refer to the ATO website here.

It’s good to get financial advice

The key thing to note – once you add these contributions, you cannot withdraw a single cent, unless you meet a condition of release as specified by the ATO.  The information stated above is general in nature and is not tailored to your personal circumstances. We recommend that you speak to your financial adviser to see whether making these contributions is right for YOU.

More on Concessional vs Non-Concessional Contributions

Concessional contributions are also known as pre-tax contributions. They are termed ‘concessional’ as these contributions are taxed at the concessional rate of 15%. It is considered to be tax-effective as this rate of 15%, is lower than the personal tax rate for many.  Contributions that are considered to be concessional are taxed upon entry into the fund. Contributions include:

  • Employer Compulsory Super Guarantee
  • Employer Additional Contribution
  • Salary Sacrifice

The ATO places a cap of $25,000 for concessional contributions. You want to make sure that you’re below this cap so that you’re not paying extra tax.

Here’s a table to help summarise the different types of contributions.


Contribution TypeInformation
Employer Compulsory Super Guarantee
  • Concessional (i.e. Pre-tax)
  • Employers are required to pay you 9.5% of your income as super contributions
  • Concessional Contribution Cap Applies
Employer Additional Contribution
  • Concessional (i.e. Pre-tax)
  • This is anything that your employer pays you on top of the compulsory amount as part of your salary package
  • Concessional Contribution Cap Applies


Salary Sacrifice Contribution
  • Concessional (i.e. Pre-tax)
  • Voluntary contribution arrangement you make with your employer to add more to your super from your pre-tax salary
  • Concessional Contribution Cap Applies
Member Contribution
  • Non-concessional (Post-Tax)
  • Voluntary contribution to add to your super from your own pocket, and are paid via BPAY
  • Non-Concessional Contribution Cap Applies
Spouse Contribution
  • Non-concessional (Post Tax)
  • Voluntary contributions to add to your spouse’s account to boost their super. These contributions can be paid via BPAY.
  • Concessional Contribution Cap Applies


To find out more about Concessional and Non-Concessional contributions, please refer to the ATO website here.

This information is of a general nature and is not intended to provide you with financial advice or take into account your personal objectives, financial situation or needs. Before acting on the information, consider its appropriateness to your circumstances and read the product disclosure statement (PDS), available at crescentwealth.com.au/islamic-super/super-pds/ You may wish to seek independent financial advice from a licensed financial adviser or tax adviser before making any decisions