I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Facts and Tips

You Might Want to Consider Salary Sacrificing

In other words, you are allowing yourself more contributions that you can afford besides that which your employer is already paying for you.

If you earn lower than $37,000, there could be limited benefits in a salary-sacrifice agreement because your salary's tax rate is only several percentage points more than your super contributions' tax.

A Government co-contribution can be a more efficient way to increase your super. It could affect your current benefits

If you have benefits from compulsory employer contributions, shift allowances, holiday loadings, and over time-based on specific salary level, these could be cut under the salary sacrifice agreement. To cover these, you should have a written arrangement with your employer detailing how these costs will be computed.


You cannot claim tax offsets or deductions for concessional contributions. This is since you are already paying less15% tax on the money you pay into the Superannuation. You also cannot get a deduction for any administration costs settled to your employer so as to arrange and keep the salary sacrifice arrangement.

Fringe Benefits Tax

A concessional contribution is not a fringe benefit and is not bound by fringe benefits tax. It should not be reported per se on the summary of your PAYG payment.

Restrictions to Understand

• Your employer could limit the money you may salary sacrifice
• You can't salary sacrifice wage that you've already earned
• You can't salary sacrifice award payments
• You can't salary sacrifice commission payments or bonus after they've been earned

There is a limit of $30,000 annually for individuals aged under 50; and $35,000 annually for individuals aged 50 years and over for all concessional contributions. This includes Superannuation Guarantee, salary sacrifice, as well as other employer contributions. Anything that goes beyond these limits is taxed at up to 49%.

You can find more information on what salary sacrifice is all about on www.australiansuperfinder.com.au

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