Low income superannuation tax offset

You may be eligible for a low income superannuation tax offset (LISTO) payment from the government into your super account if you earn less than $37,000 a year.

What is the LISTO payment?

The LISTO is 15% of the concessional (before-tax) contributions either you or your employer pay into your super during a financial year. The maximum amount you can receive in a financial year is $500 – the minimum is $10.

Who’s eligible?

To be eligible for a LISTO payment:

  • you or your employer must be making concessional (before-tax) contributions, which include super guarantee payments to a complying super fund

  • your actual or estimated adjusted taxable income, including reportable fringe benefits, must be $37,000 or less

  • you mustn't hold a temporary resident visa at any time during the year unless you are a New Zealand resident

  • 10% or more of your total income must be from eligible employment, from operating a business or a combination of both.

How do you receive your LISTO payment?

You don’t need to do anything to receive the LISTO payment.

The ATO will determine whether you’re eligible for the LISTO and advise your super fund annually.

The LISTO payment will appear on the member statement the super fund receiving your payment sends.

More information about the LISTO can be found in our Low income superannuation tax offset fact sheet.

Next steps

It can sometimes feel like you don’t have enough spare money, but paying even a small amount into your super now can make a big difference to your retirement.

Contributing an extra $50 a month could add tens of thousands to your final retirement savings balance.

Automate extra after-tax payments to your super by completing our easy Monthly direct debit authority - member form.