Salary sacrifice

Try it out

Co-contribution calculator
Like $1,000 from the Government to add to your super? Try this calculator and see if you qualify.

Salary sacrifice calculator
See if salary sacrificing could build your super quicker than making after-tax contributions.

Retirement modeller
Find out if you're on track for retirement and what you can do if you're not.

Make it happen

Direct debit request form
Download Direct debit request form [PDF 55KB]

For many people, relying on employer contributions won't be enough to fund their future dreams. Putting a little extra into super yourself using salary sacrifice can make great sense.

What is salary sacrifice?

Salary sacrifice involves having your employer pay some of your salary into your super account rather than receiving it as take- home pay.

Pay less tax with salary sacrifice

Reduce your taxable income
With some of your salary going into super, you’ll lower your taxable income and that could save you from paying higher rates of tax.
Lower tax rates on contributions
You also pay just 15% tax on your contribution into your super account, making salary sacrifice one of the most a tax-effective ways to save for your retirement.

Boost your super

Putting just a little extra into your super now can make a big difference to the lifestyle you'll have in retirement.

Step 1 - See it work for you

Use our salary sacrifice calculator to see the difference salary sacrifice could make.

Step 2 - Make it happen

Just ask your employer if salary sacrifice is available to you. They can usually make the arrangements on your behalf.

If you are aged between 65 and 74, you need to complete the 2010-11 work test declaration [PDF 55KB] and return it with your contribution.

It’s worth noting that there are some caps to the amount of salary sacrifice contributions that can be made and any super contributed over the cap amount is subject to extra tax. For example the concessional (including all employer contributions and salary sacrifice) contribution cap is set at $25,000 per year for people aged under 50, and $50,000 per year for people aged 50 and above. Find out more about contribution caps.