Pension tax
Hi VS
Are you sure that salary sacrifice of your 15.5% pension from Cathay attracts no Australian tax? I thought that you were limited to 50,000-100,000 A$ per year salary sacrifice and paid 15% tax on that to the ATO. Is your reasoning that, as you will pay 16% at source in HK, by double tax agreement, this will be in effect tax free in Australia? Or do you know some other scheme?