Yes, it’s important to be mindful of contribution limits when making contributions, as you may incur significant tax penalties if you exceed the limits. For further information, please refer to the Australian Taxation Office website.

For Australian Ethical Super members

You can make a personal contribution by adding money to your Super from your bank account via BPAY. You can find your BPAY details including your Reference Number in your member portal by clicking on the circle icon next to your name > Personal details and scroll to the bottom. You would have also recently received an email from us with instructions on how to make a contribution and tax deduction for the end of financial year. 

To process BPAY contributions before the cut-off dates, you need to have transferred your funds by the cut-off date. Any payments made after this time may only be processed in the new financial year. Please note, some financial institutions can take more than two business days to process BPAY transactions. 

Please consider this when making last minute contributions. All BPAY personal contributions will be processed as non-concessional contributions. If you would like to claim a tax deduction for these contributions, you need to complete a Notice of Intent to Claim form for personal contributions. 

For ex-Christian Super members

You can make a personal contribution by adding money to your Super from your bank account via BPAY. You can find your BPAY details including your Reference Number in your member portal by clicking on Member > Payment by BPAY Personal details and scroll to the bottom. You would have also recently received an email from us with instructions on how to make a contribution and tax deduction for the end of financial year. 

To process BPAY contributions before the cut-off dates, you need to have transferred your funds by the cut-off date. Any payments made after this time may only be processed in the new financial year. Please note, some financial institutions can take more than two business days to process BPAY transactions. 

Please consider this when making last minute contributions. All BPAY personal contributions will be processed as non-concessional contributions. If you would like to claim a tax deduction for these contributions, you need to complete a Notice of Intent to Claim form for personal contributions. 

For SMSF members invested in Australian Ethical Managed Funds

You can make a personal contribution by adding money to your managed funds investment from your bank account via BPAY. You can find your BPAY details including your Reference Number in the left-hand menu on your InvestorServe portal > Payment Instructions > BPAY Instructions. 

To process BPAY contributions before the cut-off dates, you need to have transferred your funds by the cut-off date. Any payments made after this time may only be processed in the new financial year. Please note, some financial institutions can take more than two business days to process BPAY transactions. 

Please consider this when making last minute contributions. You should speak to your accountant or tax advisor before you make a personal contribution to ensure this is completed correctly for your personal circumstances, including the completion of a notice of intent to claim. 

If you make a personal contribution for the 2024 financial year, you can claim a deduction when you lodge your tax returns. To do so, you need to fill out a Notice of Intent to Claim form before you complete your tax return. Assuming that all information has been entered correctly, processing takes approximately 10 business days. For information on how to make your tax return, please refer to the ATO website. 

If you’re an SMSF discuss making a notice of intent claim with your tax adviser or accountant.