Salary-sacrifice and line of credit can help build super
Wed Jun 25 2008
The Australian --- Page: 4 : 25 June 2008 Original article by Ray White
LexisNexis Summary
Australian investors are able to use a "dynamic debt" strategy to save tax and increase their superannuation savings ahead of retirement. The 15 per cent tax rate limit on salary sacrificing makes it an attractive way to limit tax liability and grow wealth, while the additional interest exposure created by such a strategy is generally offset by tax savings. As of June 2008, the strategy is best suited to those with the ability to deal with interest rate rises in a cash-flow neutral position.
