Effective 1 July 2017, most individuals under 75 years of age can claim a tax deduction for personal superannuation contributions without needing to have less than 10% of their income from salary and wages.

Deductions for personal superannuation contributions are now available to taxpayers who get their income from: salary and wages, self-employment, investments, government pensions, foreign sources, and partnership or trust distributions.

Concessional contributions, including employer contributions and personal contributions for which the member claims a tax deduction, are capped at $25,000 for the 2017-18 financial year for all individuals regardless of age.