What is the work test?

You are required to satisfy the work test if you are between 67-74 years old and wish to claim a tax deduction on your additional contributions to your super.

The work test requires you to be gainfully employed for at least 40 hours during a consecutive 30-day period during each financial year in which you intend to claim a tax deduction on the contributions that are made.

The work test is recorded within your tax return and is not administered by your superannuation fund.

If you do not satisfy the work test you are still be able to make additional contributions to your super. However, you will not be able to claim a tax deduction on these contributions.