Salary sacrifice is the term used for making personal contributions into your superannuation account from your before-tax income. It’s a tax-effective way to grow your super and boost your super account balance. 

It’s worth noting, however, that any money you salary sacrifice into your super account is generally taxed at a rate of 15%* and because it’s going into your super, you more than likely won’t see this money until you retire. As this is a long-term investment, it’s best to talk to a financial advisor before you make any decisions.

* If your combined income and concessional contributions are more than $250,000 you may have to pay extra tax on your contributions.