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A 15% federal contributions tax on employer contributions (including salary sacrifice contributions) is deducted from your account. Super funds calculates this on net contributions after deducting its administration fee and any disability and death insurance premiums that apply.
After-tax contributions are not subject to contributions tax. Self-employed members may claim a tax deduction on certain contributions, but those contributions are then subject to 15% tax and may affect any tax on the end benefit.
basically, This is a tax you have to pay for before tax contribution. |
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