The Secrets of the Division Two, Nine, Three Tax

Division two nine three is a when your income, your employment income plus your superannuation a payments, exceed 250 thousand dollars. While your high income earn a a, and you need to pay some more tax on your super annuation. So for most people, when they have ther when their employer pays money to their super annuation, ten thousand dollars, whatever it happens to be, that is then taxed at 15 %. It's known as a concessional contribution. The vast majority don't. And and folks, it's worth noting, thata 60 to 90 don't beat the index, but 100 % will tell you, on the day you give em your money that they