Superannuation contributions strategies
As a first step, the following are our key articles about superannuation contributions strategies
Set out below are the latest articles that relate to superannuation contributions strategies.
Salary sacrifice and super: How does it work?
Forgoing some of your salary into your super through a salary sacrifice arrangement can have valuable tax benefits and help boost your retirement nest egg.
Contribution splitting: How to boost your spouse’s super
Splitting your super with your spouse or partner can be a great way to boost your joint retirement savings and possibly save yourself some tax as well.
Guide to the superannuation work test
The rules for making super contributions after age 67 have been relaxed substantially, but you must still meet a work test for one type of contribution.
A super guide to the bring-forward rule
Using the bring-forward rule is a great way to put a larger contribution into your super account in a single year. Here’s what you need to know about the rules.
How the First Home Super Saver Scheme (FHSSS) works
The government’s First Home Super Saver Scheme (FHSSS) can be a handy tool when you are looking to save for your first home. But it’s not for everyone.
Downsizer super contributions: What you need to know
Downsizing and putting the proceeds into super can be a great way to boost your retirement savings without having to meet many of the rules affecting other super contributions.
How LISTO works (Low Income Superannuation Tax Offset)
The Low Income Super Tax Offset (LISTO) is a government rebate that can help boost your super account and make saving for retirement a little easier.
What is the maximum super contribution base for 2022–23?
High-income earners face a quarterly cap on the amount of income on which their employer must make SG contributions. Here’s the limit for 2022-23.
How a government co-contribution can help boost your super savings
A free co-contribution payment made by the government into your super account can be a great way to boost your super account if you have some money to spare.
Managing capital gains to reduce tax and boost your super
Capital gains are an investment goal, but they leave you with a tax liability, so it’s worth checking some of the strategies for cutting your CGT bill.
New contribution strategies for retirees
From 1 July this year, the window for making last minute contributions opens up all the way to age 75. These case studies show how.
Super recontribution strategy: How it works
Re-contribution strategies can reduce the tax on your super benefit and may eliminate tax for non-tax dependant beneficiaries like your adult children.
Strategies for boosting your super in the gig economy
While working in the gig economy can be more flexible, it can also be a recipe for a much smaller retirement savings pot if you don’t take steps to fix it.
Proportioning rule and super tax: What it is and why it matters
If you withdraw your super before age 60 it’s important to understand the proportioning rule and how it will impact the amount of tax you pay.
How the 15-year small business CGT exemption can help boost your super
Small businessowners approaching retirement can take advantage of some valuable tax concessions when they sell up and then contribute the money into super.
