May 2021
All your spouse needs to do is complete a Spouse application form, return it to us, and we’ll do the rest. Make sure your member number is included and you’ve signed the form too. Once the account is established they can also arrange for their employer to make contributions to their new Mercy Super account.
An eligible spouse is someone who:
Once your spouse is set up as a Mercy Super member, they can arrange for contributions to be paid into their account. In addition to eligible before-tax and after-tax contributions that can be paid into their account (for example from their employer or from them directly), you can also make contributions to your spouse’s account provided they are:
If you make contributions to your spouse’s account and they earn less than $40,000 in a financial year, you may be eligible for a tax offset of up to $540. But first let’s look at the rules to obtain the full $540 offset:
If your spouse earns between $37,000 and $40,000 you’ll still receive a partial offset. You can find more information on the ATO website.
Contribution splitting lets you transfer up to 85% of your before-tax (employer and salary sacrifice) contributions to your spouse’s account. It’s useful if:
You can find out more about contribution splitting from our Splitting super contributions fact sheet.
May 2021
Apr 2021
Potter Building – Ground Floor, Mater South Brisbane Campus
Annerley Road South Brisbane Queensland
1300 368 891
information@mercysuper.com.au
