Salary Sacrifice & Super
Salary sacrifice is a strategy used to divert money before income tax has been paid or withheld. It is commonly used in a superannuation accumulation strategy to direct money straight from an employer to an employee’s superannuation fund.
What are Super Non-Concessional Contributions?
Non-concessional contributions are contributions made to superannuation after tax. Since non-concessional contributions are made after income tax has been withheld or paid by the employer, typically, there is no tax paid when the money goes into the super fund.
Return on Investment (ROI) Explained
ROI stands for Return on Investment and is one of the simplest and most versatile ratios to compare the profitability of investments. The formula to calculate ROI is the net return from an investment divided by its cost.