Superannuation, or super, is an excellent way to invest and save for your retirement. In most cases, contributions you make to your super fund are tax deductible, i.e. they reduce your taxable income for the financial year in which they are made.
Remember, if you are eligible and want to claim a tax deduction for your personal super contributions, you must first notify your fund that you intend to do so by completing a “Notice of Intent to Claim Form”.
Here’s some more info from the ATO (Link). Please ensure you talk to your financial adviser or accountant for qualified advice relating to your own personal circumstances
Rounded makes it easy to track super contributions. There are two options
Adding it directly via the super section
Adding it via bank feeds
Adding super contributions directly
Open the mobile app and log in
Tap More
Tap Super contributions
Tap the + sign
Enter the Amount, select the Date, assign the Super Fund, and enter Notes when needed
Tick if the super contribution is tax deductible, or untick if not
Click Save
Adding super contributions via bank feeds
Tap More
Tap Bank feeds
Find the super transaction, then swipe left
Tap Other
Tap Super contribution
Assign the Super fund and enter Notes when needed
Tick if the super contribution is tax deductible, or untick if not
Tap Save