If you’ve made personal contributions to your super account during FY23/24, we’ll get in touch with you to confirm the total amount and any amounts you’ve already submitted a valid deduction notice for (i.e to claim a tax deduction).

What you need to do?

If you want to lodge a deduction notice for contributions you intend to claim as a tax deduction, or you’d like to change the amount you intend to claim as a tax deduction*, you can follow the steps in this guide.

If you don’t want to make any amendments, you don’t need to do anything. However, we encourage you to keep our communication for your tax records.

*Subject to the validity of the deduction notice. Please see this guide for further details.

When is your notice due?

You will need to submit a deduction notice on or before (whichever occurs first):

  • You lodge their tax return for FY23/24, or
  • The last day of FY24/25

Boost your super with tax deductible contributions

If you have a Wrap superannuation account and are considering making additional personal contributions, you may find this article helpful.

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Additional information

This information is provided for the use of licensed and accredited brokers and financial advisers only. In no circumstances is it to be used by a potential client for the purposes of making a decision about a financial product or class of products. This information does not take into account any person’s objectives, financial situation or needs. Before making any financial investment decision or a decision about whether to acquire or continue to hold any products mentioned on this page, a person should obtain and review the offer documents relating to that product and also seek independent financial, legal and taxation advice.

Unless stated otherwise, this information has been prepared by Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL).

Any information on Macquarie Wrap products has been prepared by Macquarie Investment Management Limited ABN 66 002 867 003 AFSL 237492 RSEL L0001281 (MIML). The Macquarie Separately Managed Account is issued by Macquarie Investment Services Limited ABN 73 071 745 401 AFSL 237495 (MISL). In deciding whether to acquire or continue to hold a product, a person should consider the PDS, IDPS Guide, or other relevant offer document(s) available on the Macquarie website. Our Target Market Determinations are available at macquarie.com.au/TMD.

Funds invested on your behalf by MIML, or investments in the SMA other than cash on deposit with MBL, are not deposits with or other liabilities of MBL or any other entity of the Macquarie Group and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. None of MBL, MIML, MISL or any other member of the Macquarie Group guarantees any particular rate of return or the performance of the investments, nor do they guarantee the repayment of capital.

Any information on this page in relation to mortgages has been prepared by Macquarie Securitisation Limited ABN 16 003 297 336 AFSL and Australian Credit Licence 237863 (MSL).