Boost your super and claim a tax deduction
With cost-of-living pressures on the rise, putting money aside for retirement may not be high on your priority list. But if you can, even small amounts can make a big difference on your super balance when you retire, while also reaping the benefits of potential tax savings.
After-tax (non-concessional) contributions
These are made to your super fund with after-tax money. This can include personal contributions made from your take-home pay, or contributions from a partner or family member on your behalf. Because non-concessional contributions have already been taxed at your marginal tax rate, they are not taxed when they are received by your super fund. You may also be able to make these contributions and claim them on tax after 30 June.
Salary sacrifice (concessional contributions)
This is when you and your employer agree to pay a portion of your pre-tax salary as an additional contribution to your super. This can also be a tax-effective strategy, especially if you’re paying more than 15% tax on your wage.
We can help with your investment strategy
legalsuper offer complimentary 1:1 help and guidance so you can understand, optimise and feel in control of your super.
Whether you prefer in-person, over-the-phone, or online meetings, legalsuper’s skilled Client Service Managers have a combined average of 20 years in the financial industry and are committed to making your experience easy and effective. Get the help you need with a fund that knows super as well as you know law.
You can book a one on one appointment with our Client service manager team here.
We're here to help
We offer a range of service options, so you can access advice, knowledge and assistance when you need it. Here are the support options to help you make informed decisions with confidence:
- online bookings (phone or video calls)
- face-to-face meetings
- phone assistance through our contact centre.
There are limits on the amount of concessional and non-concessional contributions that can be made to a superannuation fund each financial year. This information is of a general nature. Please refer to legalsuper PDS & TMD available at www.legalsuper.com.au before making any decision. Past performance is not a reliable indicator for future performance.