Question
Superannuation - Contributions Angela has taxable income from employment of $90,000 pa, which means that she is on a marginal income tax rate of 32.5%
Superannuation - Contributions
Angela has taxable income from employment of $90,000 pa, which means that she is on a marginal income tax rate of 32.5% plus 2% medicare levy. Her employer pays superannuation guarantee based on the $90,000 pa.
Showing your workings
1. Calculate for Angela the savings in tax should she salary sacrifice (personal deductible contributions) $10,000 to her super.
2. Explain the impact if Angela earned a further $200,000 from her investments.
3. Provide your recommendation regarding the salary sacrifice given the disclosure of investment income.
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