The Secret Dividend Two Nine Three Tax

The division two nine three tax is designed to equalize the situation as much as possible between low income earners and high income earners. Once you breach the 250k mark there will be an additional 15 percent tax on your super contributions now what are concessional contributions? There are three main types of contributions which are all concessional number one: Your employer contributions that is your guaranteed 10.5 percent on your gross income number two : If you contribute to your super and claim it as a concessions, often self-employed people do this or if you salary sacrifice into your super they're also called "concessional contributions" You can find out more about the surprise tax in episode one twenty at