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Salary Sacrifice
Salary sacrifice, generally, is an arrangement with your
employer, where you agree to receive part of your gross
salary as a benefit rather than as salary. The value of this
benefit is paid from your gross salary. This means that
your salary is reduced by the cost of the benefit before
Pay-As-You-Go (PAYG) tax is calculated.
Is salary sacrifice for me?
Depending on your level of income, salary sacrifice can
be a very tax-effective way to contribute to your
superannuation.
However, because of recently introduced incentives for
low and middle income earners and the availability of
rebates in relation to ‘spouse’ contributions, it may not
always be more tax efficient to contribute to
superannuation by salary sacrifice.
Therefore, what’s best for you will depend on your
particular circumstances. So carefully consider the
information outlined in this booklet and ensure you ask
your Scheme for more information, should you have any
questions, before making any decisions.
Information
 Make your super count
Calculators
Car Lease back Calculator (Requires Microsoft Excel 97 or higher to use)
What to do next
Consider your options carefully and ask your Scheme for
assistance. We’re here to help you. You can contact
Member Services on 1300 369 901 for more
information.
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