Changes to Low-Income superannuation tax offset (LISTO)

The Federal Government has announced reforms to the low income superannuation tax offset (LISTO). From 1 July 2027, the LISTO will increase by $310 to $810 and the eligibility threshold will rise from $37,000 to $45,000.

The Treasurer has said women and young people under the age of 30 are among the biggest beneficiaries of the reforms. Treasury has released a factsheet on the changes.

Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.