How to Calculate Your Effective Tax Rate

A lot of accountants and financial advisors will tell somebody to salary sacrifice to super that might earn under $50,000 a year. And when you put money in super, your tax at 15%, where the effective tax rate outside of super might only be 13%. That's right. So look at your personal situation first, right? Totally. If you're an accountant or a financial advisor who does not look at the effective tax rates and the washer, you might need to check yourself before you wreck yourself. Hey, I'm here a week. Thank you.