FHSS and the June 30 Deadline: What to Do Before EOFY 2026

Last updated: May 2026 · Reading time: 6 minutes

June 30 is the hard cut-off for FHSS contributions to count toward the 2025–26 financial year. Miss it and that year's $15,000 allowance is gone — you can't go back and fill it later.

This guide covers exactly what to do before EOFY if you're saving for your first home.

General information only. Not personal financial advice. Contribution timing, tax treatment, and super fund processing times vary. Consult a registered financial adviser or tax agent before making superannuation decisions.

Why June 30 matters for FHSS

The FHSS annual cap is $15,000 per financial year. A financial year runs from 1 July to 30 June.

A contribution counts toward a financial year based on when it is received by your super fund — not when you initiate it, not when it leaves your bank account, and not when your employer processes it.

This distinction matters:

• If you make a bank transfer on 28 June but your super fund doesn't receive it until 2 July, it counts toward the next financial year.
• If your employer processes a salary sacrifice contribution in the last week of June but pays your fund in July, same result.

Rule of thumb: Allow 2–5 business days for a personal contribution to clear. With the EOFY peak, processing can slow further — aim to contribute by 20–24 June to be safe.

How much can you still contribute this financial year?

The annual cap is $15,000. If you've already made $10,000 in FHSS contributions this financial year (through salary sacrifice or personal contributions), you have $5,000 of headroom left.

Your concessional contributions headroom also applies — if your employer's SGC (Super Guarantee Contributions) has used up most of your $30,000 concessional cap, your effective FHSS max for the year may be less than $15,000.

Check the calculator to see your remaining 2025–26 headroom →

Salary sacrifice vs personal deductible — which is faster before EOFY?

Personal deductible contributions are faster for an EOFY top-up. Here's why:

Salary sacrifice requires your employer to process and pay the contribution on your behalf. If they pay quarterly, the June salary sacrifice may not hit your fund until July. You're at the mercy of your employer's payroll cycle near EOFY.

Personal deductible contributions you control entirely. You transfer directly from your bank account to your super fund — no employer involvement. If you initiate by 20–23 June, it will clear by 30 June in almost all cases.

The tax outcome is the same for both: the contribution is concessional, taxed at 15% in your fund, and 85% is released under FHSS. For EOFY urgency, personal deductible is the practical choice.

See FHSS contribution types explained for a full comparison.

Step-by-step: making a personal deductible contribution before June 30

1. Log into your super fund's member portal and check your current balance and any contributions received this financial year — you don't want to accidentally exceed the $15,000 FHSS cap or the $30,000 concessional cap.

2. Calculate how much to contribute — up to $15,000 for the year (minus any contributions already made), and within your concessional headroom.

3. Transfer from your bank account to your super fund using the fund's BPay details or bank transfer reference. Most funds process within 1–3 business days. Allow extra buffer near 30 June.

4. Check your fund has received the contribution before 30 June — log into your member portal to confirm it's been credited.

5. Submit a Notice of Intent to Claim a Deduction (s290-170 form) — this converts the contribution from non-concessional to concessional. You must submit this to your super fund before you apply for an FHSS determination from the ATO. Do not skip this step.

   • Most funds have this form in their member portal or can provide it on request
   • You must lodge it before you leave the fund or before lodging your tax return — whichever comes first
   • Keep a copy — the ATO may ask for it

6. Claim the tax deduction on your tax return — the deduction is calculated at your marginal rate, giving you a refund at tax time for the difference between your marginal rate and the 15% already paid.

What if you miss the deadline?

Missing the 30 June cut-off means the contribution counts toward 2026–27 instead. This is not a disaster, but it does mean you've lost one year's worth of the $15,000 annual FHSS allowance toward your $50,000 lifetime cap.

If your plan was to reach the $50,000 cap in 4 years, missing a year's contribution might push that out by a year (or require contributing more in future years to compensate).

The contribution itself is not lost — it's in your super fund earning returns, and you can still claim it under FHSS in the following financial year.

EOFY checklist

• Check how much I've contributed to FHSS this financial year (in my fund's portal)
• Calculate my remaining headroom ($15,000 annual cap minus contributions so far)
• Confirm my concessional headroom hasn't been used up by employer SGC
• Make personal contribution directly to super fund (allow 2–5 business days to clear)
• Aim to transfer by 20–24 June — do not leave until 29–30 June
• Confirm contribution has been received by my fund before 30 June
• Complete and submit Notice of Intent to Claim a Deduction (s290-170 form) to my fund
• Note that employer salary sacrifice may not clear by 30 June — check with your payroll team

After EOFY: don't request your FHSS determination until you're ready to buy

This is a separate but important point: requesting your FHSS determination from the ATO is not the same as making contributions. You can keep contributing each financial year without triggering the release process.

Only apply for a determination when you're actively in the market and expect to sign a purchase contract within the next few months. Once you apply, you must sign a contract within 12 months of the funds being released — otherwise the funds must be recontributed or you pay a 20% FHSS tax.

See How the FHSS release process works for the full step-by-step.

General information only. Not personal financial advice. Processing times vary by super fund. ATO rules and deadlines current as of May 2026. Source: ATO — FHSS Scheme. Last verified: May 2026.