2min chapter

Dev Raga Personal Finance cover image

206 what is tax efficiency part 3

Dev Raga Personal Finance

CHAPTER

What's the Tax Advantage?

You can contribute to your lower earning spouse, ar to their super up to three thousand dollars per year, and get an 18 % tax offset on your income. If the earning like 39 thousand, or something like they only get a partial offset. So what's the tax advantage here? Well, you can contribute more than three thousand dollars if she really wants to, but the tax offset claim can only be up to 3 thousand. so tat's a maximum of 500 forty bucks that she can claim tax offset.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode