Active Super

Research shows that around 19% of self-employed people have no super savings*. Paying yourself super is not compulsory if you are self-employed, but you need to build your super if you are going to have enough for retirement.

Why save into super? 

The tax breaks available to self-employed people can make super a very attractive way to save. Your super contributions can be claimed as a tax deduction and, once inside the super system, your money is taxed at favourable rates.

How do I pay myself super? 

Most self-employed people can contribute up to $27,500 per year into their super fund and receive a tax benefit. 

You can choose to pay yourself super regularly as an employer would or contribute a lump sum when your cash flow allows for it. 

*Source: Association of Super Funds of Australia