How to use Superannuation as a Tax Haven: Part 1 - Concessional Contributions

Written By gianna thomson

Are you frustrated by paying too much taxes?

In a video, Gianna Thomson, Principal Financial Adviser at Thomson Wealth, explains how Jane, in her 50s, felt frustrated that her $200k salary was being heavily taxed. She worked hard and wanted a solution to save more and start building a stronger retirement plan.

Watch the video below to see how we helped Jane:

  • Redirect $10,000 of her income into superannuation as a concessional (pre-tax) contribution.

  • Slash the tax on that amount from 47% to just 15%—a 32% saving.

  • Take control of her finances while significantly growing her retirement savings.

Overall, Jane used superannuation as a tax haven. We'll have more 'super as a tax haven tips' soon!

gianna thomson
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How Super Can Save You Thousands in Tax - Now and in Retirement: Part 2 - Investing in Superannuation
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