‘Salary sacrifice’ just means putting more money into your super from your pre-tax salary. Boosting your super this way can have tax benefits on top of building your retirement savings.
^ The impact of salary sacrifice on the take home pay is based on the 2022-23 tax scales and is calculated using this calculator: https://www.paycalculator.com.au/. This calculation is based on a person earning an income of $70k and contributing $25 (pre-tax) each month into a super account, assuming 7.82% p.a. growth and average wage inflation of 2.40% year-on-year (based on the Wage Price Index of March 2022) over 10 years. The figures provided are based on a series of assumptions, including that all contributions are only subjected to 15% tax and no additional fees, and are general illustrations only. They do not take your personal circumstances into account and are not intended to be a substitute for professional advice.
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Past investment performance is not a reliable indicator of future performance.