Taxes Consolidation Act 1997 section 790CA

Relief for additional superannuation contribution under Public Service Pay and Pensions Act 2017

Section 790CA provides a tax deduction for additional superannuation contributions (ASCs) payable by public servants under the Public Service Pay and Pensions Act 2017.

• Public servants who pay ASCs under the Public Service Pay and Pensions Act 2017 are entitled to a tax deduction in respect of those contributions.
• The ASC is deductible as an expense in computing income assessable under Schedule E.
• The deduction is allowed in the year in which the contribution is paid.
• The ASC has been payable by public servants from their pensionable pay from 1 January 2019.