Low Income Superannuation Tax Offset

The government is boosting the Low Income Superannuation Tax Offset (LISTO) to provide additional support to low income workers to help build their retirement savings.

From 1 July 2027, the LISTO threshold will increase from $37,000 to $45,000 to match the top of the second income tax bracket. The maximum payment will also increase to $810 to account for recent increases in the Superannuation Guarantee rate.

These changes will make sure LISTO achieves its policy intent of providing low income workers a tax concession on their superannuation contributions to support income in retirement.

Download the fact sheet to learn more about how these changes could affect the amount of tax you pay on your superannuation.