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We can Salary Sacrifice a percentage of our wages into Superannuation

Which means the amount we add to Super is taken off our gross wage before it is taxed.
Thus, example, Gross wage is $1900, salary sacrifice 15%, - $285, deducted from gross wage equals $1615.
Taxed on $1615, not $1900.
I voluntarily choose this action.
Taxation time, we are allowed to claim a tax deduction for voluntary Superannuation Contributions.
The Taxation Office rules that Salary Sacrificing is not a voluntary contribution because it is administered by my employer and as such is deemed an employer contribution. 😠
To claim a voluntary super contribution I must make a payment outside of the Salary Sacrifice regime.
The Taxation Office has ridiculous rules all to the detriment of the worker.
The Parliamentary Minister in Charge of this absurdity will be receiving a "Please Explain" letter from Gusman this week
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I’ve done $50 a week since forever. Not sure if it’s ‘Salary sacrifice. But it’s untaxed.
Then there’s the actual superannuation. I pay 9% and my employer matches it..
travelguy01 · 41-45, M
@TheOneyouwerewarnedabout Will you be taxed on the distribution when you take it out after retirement?

That’s how 401k plans are in the US, and why most people will retire poor on them. Not really untaxed, just deferred taxation disguised as “untaxed”.
@travelguy01 I’m convinced that by the time I’m retiring the government will prolly seize all the super. Cause they’re running out of ways to tax ppl while sending jobs offshore
Gusman · 61-69, M
@travelguy01 Superannuation Contributions are taxed at 15%, while working.
Investment income is not taxed if fully retired and drawing an income through a Choice Income account.