If
you salary sacrificed $ 1,832 into super, paying only 15 % tax, $ 1,557 would go into your super fund.
Not exact matches
If your
salary builds leave
$ 8,100 for a running back without
sacrificing someone you value highly, then go for it.
For the tax to be deferred, your employee must not receive more than
$ 5,000 worth of shares (or stapled securities) during the year under
salary -
sacrifice arrangements from you (their employer) or your holding company.
On 1 March 2017, Bob thinks he can contribute another
$ 5,000 to his super, so he talks to his employer and arranges for an extra
$ 1,000 per month to be
salary sacrificed into his super.
If Crystal decides to redirect
$ 10,000 of her pay into
salary sacrifice super contributions, she will save
$ 2,085 in tax, with the extra money going into her super fund.
She decides to
sacrifice $ 10,000 of her pre-tax
salary into super.
By
sacrificing $ 10,000 of
salary to her super, Sandra is reducing her take - home pay.
This means the total of your employer and
salary sacrificed contributions must not be more than
$ 25,000 each year, see
salary sacrifice super for more information.
Eligible taxpayers that earn up to
$ 37,000 a year get an additional super contribution from the Government, equal to 15 % of before tax (employer and
salary sacrifice) super contributions, up to
$ 500.
22 daysâ
$ ™ holiday plus Bank Holidays * Uniform *
Salary sacrifice schemes including childcare vouchers * Workplace Pension and Life Assurance * Employee Assistance Programme.