Non-concessional contributions are the voluntary contributions that you can make into your super account but the contribution is already taxed amount. To be eligible for Non-Concessional contributions your age needs to be under 75 years. Anyone under 65 years of age is eligible for ...
Managing Money
Superannuation salary sacrifice and personal contributions
Employees are permitted to contribute to their superannuation using salary sacrifice, this is where you ask your employer to pay your superannuation company without paying it to you. By sacrificing some of the amounts as a contribution into the super fund, you are reducing the amount of tax to ...
Superannuation Guarantee rate
According to Australian legislation employers are obliged to make a super contribution to a complying super fund on behalf of the employers. Employers are obliged to make at least 4 super guarantee payments to the employee super fund each year. These contributions are currently at 9 ...