How Much Can You Salary Sacrifice?
There are limitations on how much you can Salary Sacrifice and this is dependent on your age. If you are under the age of 49, the concessional contribution limit is $30,000 per annum which also includes the amount your employer contributes (i.e. the SGC). For those aged over 49, the concessional contribution limit is $35,000.
Benefits of Salary Sacrificing
Salary Sacrificing has the following benefits: