2017 Budget: Fairness, opportunity and security

The 2017-18 Federal Budget was built upon fostering ‘Fairness, Opportunity and Security’. There is a vision to turn the budget to a $7.4 billion surplus in 2021 after introducing the […]

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Capturing the super cap limit deadline

From 1 July 2017 there will be change for super cap limits. There will be a decrease within the annual concessional and non-concessional contribution cap limits (and the maximum bring-forward […]

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Salary Sacrifice


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Salary sacrifice may be something that you have already heard of, but do you really know what it means? More importantly, do you know if it could be the right choice for your financial planning?

In our animation, we consider the tax-effective and wealth accumulation benefits of entering into a salary sacrifice arrangement with your employer.

It is important to note that everyone’s financial situation is different, so the benefits of salary sacrifice (as well as the arrangements offered by your employer) will differ from person to person. While salary sacrificing into super is a tax effective way to build your retirement nest egg, you should consider your net cash flow and any other arrangements you currently have in place.

In addition, there are other super strategies available also such as co-contribution, spouse contribution or superannuation contribution splitting. Note, from 1 July 2017, you may be able to make personal tax deductible superannuation contributions in addition to or instead of salary sacrificing.

It may be a good idea to talk to your adviser if you wish to explore salary sacrifice to understand the ‘ins and outs’ of the strategy. We are always here to help you.

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Update: Superannuation reform package

The Superannuation Reform Package was a high topic within the 2016 Federal Budget. The Turnbull Government decided to focus on this with an aim of fostering fairness, sustainability, fexibility, and […]

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Multiple super accounts and you

Knowing and showing interest in your superannuation accounts sooner rather than later may have a tremendous impact on your end ‘retirement nest egg’. There is never a bad time to […]

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Making sense of your super statement

Ahh Spring is in the air and it won’t be long now before your annual superannuation statement hits your inbox or mailbox. Superannuation can be full of confusing terms, and […]

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End of Financial Year considerations for your Super

As we march ever closer to the end of the financial year, here are some issues to consider around Superannuation, which can be a minefield, both when trying to take […]

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Who get’s your Super?

Who decides what happens to your superannuation savings when you die? You may think that you do, but that isn’t always the case. The ultimate decision may be made by […]

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Super contributions explained…. easily

The superannuation rules have become simpler and more generous in recent years but understanding what they mean for you can still seem confusing. Here is a simple explanation of super […]

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