Has anything changed with your tax from when you last checked?
You mentioned something wrong with it last time.
Comment on Discussion Thread 🛼 Friday 11 July 2025
just_kitten@aussie.zone 1 day ago
Yay: I’m getting a bonus! I totally forgot they give them out at this time of the year
Nay: not sure how to handle tax vs salary sacrifice into super. Especially with having to wait one whole year to claim any additional tax back.
I kinda really really need the cash so think I’ll take most of it as cash even though it’ll be taxed to all buggery. I swear to god I have not had to think so much about tax rules my whole life until this year.
Duenan@aussie.zone 1 day ago
just_kitten@aussie.zone 1 day ago
I called my super fund about why my voluntary contribution wasn’t showing up in my ATO profile and had been changed to $0 in my in-progress tax return - they advised me that it was strange and they definitely notified the ATO about my contribution and to just wait and see if it resolves in the next few days as things could change while the processing is in progress.
They also reassured me that if the ATO finalise the tax return without my contribution, I can get it amended and provide the documentation I received from my super fund, so I WILL get a refund instead of a bill eventually, but that will be annoying because I don’t know how long it will take to process. I’m relieved I have this bonus money coming through because at least I can move on with my life
tombruzzo@aussie.zone 1 day ago
I remember when I looked into it I could salary sacrifice an extra $500 a month into super and only take home $250 less because of how PAYG tax works. You can sacrifice up to about $12,000 into super a year before you have to pay additional fees on it or anything.
It’s worth doing if you feel you can afford it, as you’re still getting that money, just further down the line.
just_kitten@aussie.zone 1 day ago
For real, if not for the silly situation I put myself in my clearing out all my readily accessible cash last FY, I would’ve put it all straight into super. Since my super is anaemic for my age and I am hoping to use the FHSSS in a couple of years if things go well.
I decided to put about 25% of the bonus in salary sacrifice and the rest paid out, and have my extra hours this pay cycle counted as TOIL which I can use to buffer the unpaid leave time over my break.
At the end of next FY I can always put the rest of the bonus money into super and claim the difference in tax back so if I understand correctly it is essentially the same as salary sacrifice, just at my own pace and with extra steps. I don’t think I’ll do regular salary sacrifice from my pay until I have a much better financial position, I kind of like being able to control the timing of my contributions and have the money on hand in the meantime in case shit hits the fan as a single person without much family support in Melbourne…