Be super smart this end of financial year
As 30 June approaches, there are some clever strategies you can use to minimise your tax and boost your super savings for retirement.
Select the category that's most relevant to you:
My super contributions are less than $25,000 this financial year
- Make salary sacrifice contributions - taken straight from your pay (before-tax).
- Make a personal contribution - from your take home pay or savings (after-tax). So long as you’re still under the $25,000 cap, you can claim a tax deduction on this payment.
- Make a spouse contribution - claim a tax offset and boost your partner’s super.
I earn under $52,697
Click here to check your eligibility and to find out exactly how much you could receive.
My super contributions are close to or over $25,000 this financial year
This year the cap for concessional (before-tax) super contributions is $25,000 and for non-concessional (after-tax) personal contributions the cap is $100,000.
If you think you may be nearing either cap, give us a call on 1300 130 780 and we can talk you through your options.
Advice you can trust
To discuss your current position and the other strategies available to you to minimise your tax and boost your super, contact one of our advisers on 1300 130 780.
When you call us, you'll be talking to an adviser who is a salaried employee of LUCRF Super and who does not receive bonuses or commissions.
Find out how much tax you'll be paying come 30 June 2019.