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Salary Sacrifice

Reduce your income tax and boost your super balance at the same time by using a smart strategy like salary sacrifice


The Benefits of Salary Sacrifice

Salary sacrificing is a great way to reduce your income tax and boost your super balance at the same time. By sacrificing a portion of your pre-tax income to your super fund, you can reduce your taxable income and increase your retirement savings. 

If you’re thinking of salary sacrificing, make sure to speak to your employer or to a financial advisor first. We will be able to help you set up a salary sacrifice arrangement that works for you.

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There are a few things you should consider before deciding whether or not to salary sacrifice into your superannuation. You won’t be able to access the money you salary sacrifice into super until you reach preservation age, and meet a condition of release. There are also limits on how much can be salary sacrificed into super. Before making a decision, It’s important you understand all the restrictions and how they may apply to your situation.

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Should You Salary Sacrifice Into Super?

We Can Help You Understand and Manage Salary Sacrificing

If you’re thinking about salary sacrificing into your super, or have any questions about how it works, call us today. Our financial advisors can help you understand the ins and outs of salary sacrificing and make sure it’s the best decision for you.

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