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And make sure that you arrange for your tax return to be submitted as late as possible. In our case we sold in July 07 and actually paid the tax in May 09. Close to two years CGT in an offset account earned us thousands in reduced interest. Marg

For that reason we got hubby's work to salary sacrifice $95K on the off chance that it would be a financial year where there were 27 fortnightly pays which happens every so often. Fortunately for us hubby's pay is all added up into a "package" so we were able to nominate the $95K as an...

Wylie, the rules HAVE changed. This year you can only contribute $50K to super and have it tax deductible, and then only if you are self employed and can claim a deduction. I think the $150K a year applies but that amount is not tax deductible so won't help the tax situation. Hubby was in...