What is salary sacrifice superannuation?
Salary sacrifice sounds painful, but if you’re employed it’s probably the easiest way of growing your super. It involves drip feeding regular amounts into your super from your gross earnings (ie from your before-tax income). Salary sacrificing even small regular amounts can make a surprising difference over time.
The benefit of salary sacrifice is that contributions are only taxed at 15%, compared to your marginal tax rate of up to 46.5%.