Reply With QuoteThe diverting to it only really gets you to the amount you are expected to pay each year, as when salary packaging it comes out before your pay goes in and then you get what ever you choose paid or money back to you a day or so later, it just stops you getting a tax debt at the end of FY, so doesn't actually put a heap more on just adjustment to what you would have covered pre deciding to salary package ITMS.
I have a HECS debt that is getting bigger every year so diverting a little extra into that will work well for me. Hopefully my accountant can advise as she knows my current income situation
Bookmarks