Mind the concessional cap and check your payslips, says super expert

Contribution capacities should be considered ahead of 30 June for superannuation, said John Perri, revealing that a large number of customers are unaware how to make the most of the favourable tax conditions within super.

"Concessional super contributions allow consumers to contribute up to $25,000 per year of before tax income, through regular employer contributions and salary sacrificing," said Mr Perri.

"This income is then taxed at 15 per cent (or effectively 30 per cent if earning over $250,000) when it enters your super fund."

Each year, consumers can contribute up to $100,000 in non-concessional payments, said Mr Perri, adding that this could be an effective strategy for those looking to boost their super balance.

Other things to think about before 30 June, he advised, is making non-concessional contributions to qualify for the government co-contribution.

Up to a $500 co-contribution where an individual earning less than $37,697 makes a $1,000 non-concessional contribution.

Mr Perri explained that couples may consider the benefit of receiving a spouse contribution tax offset of up to $540 for non-concessional contributions made by one spouse on behalf of the other spouse who earns less than $37,000 pa.