Salary sacrifice is a great way to help your super savings grow and pay less income tax at the same time.

Rather than taking your entire pay in cash, your employer may allow you to choose to contribute an amount of your before tax pay to your super. When you do that, the contribution you make is taxed at only 15%, which is most likely less than your normal rate of tax. But by putting some of your before tax pay into super, your income is reduced. And this could mean that the amount of tax you pay on that income may reduce too.

Please note that being able to salary sacrifice relies on your employer participating in the arrangement, so please discuss this with your payroll officer. For specific financial advice on salary sacrifice and how it could work for you, you can speak with a financial adviser by calling our Hotline number on 1800 808 614.  There is no extra cost for simple advice like this; it is included in your Australian Food Super membership.