Year 9 NSW » Commerce » Employment issues » Taxation and superannuation

Topic : Taxation and superannuation

In this topic you will learn...

Chapter 1 : Taxation and deductions

Chapter 2 : Superannuation and societal benefits

Chapter 3 : Superannuation for individuals

All employees are entitled to a nine percent superannuation guarantee provided by their employer
A concessional contribution is a payment that occurs before tax that may be claimed as a deduction or operating expense by the contributor
Salary sacrificing allows an employee to add to their superannuation while reducing their taxable income
A non-concessional contribution is a post-tax contribution made in addition to concessional contributions
Time is advantageous with regard to the long-term growth of super but employees must wait to receive the benefits
Legislation can have a significant effect on how super is managed, invested, taxed and paid

Chapter 4 : Choosing a super fund

Topic Summary

Audio Summary

Play | Download

Text Summary

This topic includes

ToolBox