Contribution Splitting Calculator

Calculate how to split concessional contributions between spouses to maximise tax benefits.

Contribution Splitting Calculator

ITAA 1997 s 292-865 Standards

Spouse 1

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Spouse 2

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* Calculations based on ITAA 1997 s 292-865 (contribution splitting). Results are for illustrative purposes.

* Both spouses must be aged 18-74 to be eligible for contribution splitting.

* Splitting is limited to 85% of the contributing spouse's concessional contributions for the financial year.

Understanding Contribution Splitting

What is Contribution Splitting?

Contribution splitting allows you to split up to 85% of your concessional contributions with your spouse. This can help both spouses maximise their contribution caps and potentially reduce tax in retirement.

Eligibility Requirements

  • Age: Both spouses must be aged 18-74 years old
  • Splitting Limit: Maximum 85% of concessional contributions can be split
  • Timing: Splitting must be done before or when the contribution is made
  • Cap Impact: Split contributions count toward the receiving spouse's non-concessional cap

Important: This calculator is for illustrative purposes only and does not constitute legal or financial advice. For professional advice regarding your specific circumstances, please consult with a qualified SMSF adviser or accountant.