• Low income super tax offset

  • What is the low income super tax offset?

    The low income super tax offset (LISTO) scheme is a Federal Government initiative to help people earning less than $37,000 a year to save for their retirement.

    It's a refund of the 15% contributions tax deducted from your super account when your employer makes concessional (before-tax) superannuation contributions.

    The refund will be paid directly to your superannuation account by the government.

    Note that LISTO was previously referred to as the Low Income Super Contribution (LISC).

  • Who is eligible for the LISTO?

    You are eligible for the low income super tax offset (LISTO), if you satisfy the following requirements:

    • You have concessional contributions for the year made to a complying super fund
    • Your adjusted taxable income does not exceed $37,000 (if you are required to lodge a tax return)
    • You are not a holder of a temporary resident visa (New Zealand citizens in Australia do not hold a temporary resident visa and, as such, are eligible for the payment)
    • 10% or more of your total income is derived from business or employment.

    If you meet these qualifying criteria, the maximum payment you can receive for a financial year is $500. Entitlements under $10 will be rounded up to $10. 

    Whether or not you lodge an income tax return, the Australian Taxation Office (ATO) will work out your eligibility for the LISTO from information it collects, including contribution details supplied by Australian Catholic Superannuation.

  • Receiving your LISTO payment

    As the ATO pays the LISTO directly into your super account, you need to make sure that we have a record of your tax file number, as the ATO cannot send your LISTO to a fund that doesn’t hold your tax file number.

    We’ll let you know on your benefit statement when you’ve received your LISTO. It may take up to 14 months from the end of the financial year for you to receive your payment.

    You can apply to have your LISTO paid directly to you if:

    • You’ve reached preservation age (from age 57) and are retired
    • You’re aged 65 or over (even if you haven't retired).

    For more information, examples on calculating the LISTO, or to download the application form to have your LISTO paid directly to you, visit the ATO website.

  • Deceased estates and the LISTO

    If a member dies part way through a financial year, their estate may be entitled to the LISTO due to concessional contributions accrued prior to their death.

    Eligibility for the LISTO is worked out using the qualifying criteria described above, but the income tests are applied as if the member had continued to earn income at the same rate for the entire year.

  • Other government super incentives

    If you’re a low income earner, you may also qualify to receive a government superannuation co-contribution when you make personal (after-tax) payments to your super.

  • Download