LesC
Jan 17, 2009, 03:39 PM
What is the limit I am allowed to salary sacrifice to superannuation? And can I salary sacrifice if I am on wages or do I have to be on salary?
Fr_Chuck
Jan 17, 2009, 05:20 PM
It can depend on what type of employment, self employed, a employee.
IS it s company sponsored plan with matching funds, is it a tax deffered plan like a IRA or a 401K.
Each has its own tax rules as to how much you can put in and be allowed a tax deduction.
A lot more info will be needed