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All posts in Salary Packaging

First Home Buyers Super Savings Scheme

First Home Buyers Super Savings Scheme

First Home Buyers Super Savings SchemeBackground to the First Home Buyers Super Savings Scheme

The Government will help Australians boost their savings for their first home by allowing them to build a deposit inside superannuation. From 1 July 2017, individuals can make voluntary contributions of up to $15,000 per year and $30,000 in total, to their superannuation account to purchase a first home. These contributions, which are taxed at 15 per cent, along with deemed earnings, can be withdrawn for a deposit. Withdrawals will be taxed at marginal tax rates less a 30 per cent offset and allowed from 1 July 2018.
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Increase your Take Home Pay with Salary Packaging

What’s holding you back from increasing your net income?

Salary Packaging take home more pay

That’s right, you can actually increase your take home pay with salary packaging and at SDP we are currently offering salary packaging at fees from 1%.

What’s Salary Packaging?

Salary Packaging is an Australian Tax Office (ATO) approved way of reducing the amount of income tax you pay by paying for items such as business expenses as a pre-tax salary payment.

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