Superannuation Year-End: Cut-Off Dates, Tax Opportunities & Planning Support

By Jaye Mankelow
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As 30 June approaches, now’s the time to review your superannuation contributions to ensure you're maximising your tax benefits and staying compliant. Whether you're an employer, an individual making personal contributions, or managing an SMSF, taking action now can make a meaningful difference.

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Employer Super Contributions – Pay Early to Maximise Deductions

To ensure a tax deduction for FY25, all employee super contributions must be paid by the 30 June  

It must be received by the fund before 30/6 to be allocated in the FY25 contribution caps (for the employee).

Most software platforms (e.g. Xero (14th June), MYOB) have mid-June cut-off dates, so we recommend finalising super payments with your final pay run before those deadlines to ensure timely processing.

Personal Concessional (Deductible) Contributions – Don’t Miss the Window

If you're considering making additional concessional (deductible) contributions, they must also be received by your super fund by their cut-off date to count in this financial year:

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1. Retail/Industry Funds: Contributions need to be received by mid-to-late June, depending on fund processing timelines - please check with your provider  
2. SMSFs: You have more flexibility. Contributions made via direct transfer and receipted by the fund before 30 June will qualify. Contributions via clearing houses (e.g. through your accounting software) are subject to the same external cut-off dates as retail funds.

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TIP for SMSFs: There are also advanced strategies available that may allow you to claim more than one year's worth of contributions in a single year, this is particularly valuable if you’ve had a one-off income spike, such as a capital gain or large bonus.

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Concessional Cap Update

The concessional cap has increased to $30,000 for the 2025 financial year. You may also be eligible to contribute more by using unused concessional cap amounts from the past five years, depending on your total super balance.

If you're unsure of your available cap or want to estimate the tax savings, our team can assist with a personalised calculation.

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Don’t Forget to Lodge Your ‘Notice of Intent’

To claim a deduction on personal super contributions, your fund must:

1. Receive a valid ‘Notice of Intent to Claim a Deduction’, and
2. Process and acknowledge it before your tax return is lodged.

Without this step, your contribution won’t be deductible.

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Non-Concessional Contributions – Timing Still Matters

If you’re making non-concessional (after-tax) contributions, the same cut-off dates apply. These also count towards your annual non-concessional cap, and special rules (like the bring-forward rule) may apply.

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Planning for Retirement – Are You on Track?

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|Whether you're:
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1. Unsure how much you should be contributing to reach your retirement goals,
2. Not confident your fund is making the most of your investments, or
3. Want to know how to optimise your contributions and tax strategy

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Our Financial Planning team is here to help. We can provide guidance on super contribution strategies, asset allocation, retirement projections, and fund performance.

If you’d like help estimating your caps, planning a contribution strategy, or reviewing your fund’s performance—reach out to our team today before the EOFY deadline creeps up.

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