Assumptions- PAYG tax is calculated using the personal marginal income tax rates plus Medicare levy effective from 1 July 2011 with a tax threshold and no leave loading. The PAYG tax calculation takes into account the Low Income Tax Offset calculation effective 1 July 2011. The Medicare levy rate used does not take into account low income for families. The Medicare levy surcharge has not been included in this calculator.
"
+"- The compulsory employer super contribution amount of 9% is calculated only on the gross income amount entered. Compulsory employer super refers to Superannuation Guarantee Contributions (SGC) and/or Award contributions. No allowance has been made for the maximum Superannuation Contribution base ($43,820 per quarter for the 2011/12 financial year).
"
+"- No allowance has been made for taxes (including taxation that applies to the payment of superannuation and retirement income benefits) with the exception of personal income tax and contributions tax. If any of these other taxes apply, the calculator's results will be incorrect.
"
+"- No allowance has been made for the Temporary Flood and Reconstruction Levy 2011."
+"
- Super co-contribution has been included in the calculation. This has been based on the Gross salary and After-tax contributions that have been entered into the calculator. The super co-contribution rate is current from 1 July 2011.
"
+"- Concessional (Salary Sacrifice including SGC) contributions are capped at a maximum of $25,000 (or $50,000 if you are over age 50) and are subject to contributions tax of 15%. Note the concessional caps commence from 1 July 2011 and the $25,000 (or $50,000 if you are over age 50) limit mentioned previously is for the 2011-2012 financial year.
"
+"- In order to compare a salary sacrifice strategy with a strategy utilising after tax contributions, the contribution amounts need to be the same. Therefore, for the purposes of this calculator only, after tax contributions should be limited to the concessional contribution cap of $25,000 ($50,000 if you are age 50 or over).
"
+"- Transitional contribution caps apply to this calculator.
"
+"- Superannuation Guarantee contributions cease at age 70
"
+"- You are greater than 18 years of age and under age 70.
"
+"- No allowance has been made for spouse contributions.
"
+"
If your actual situation differs from the assumptions made, then the calculations may differ from your actual amounts.
";
Global.Note.disclaimer = "Disclaimer
This is general advice only and has been prepared without taking into account your particular objectives, financial circumstances and needs. Before making any decision based on this calculation, you should assess your own circumstances or consult a financial planner. To the extent permitted by law, " + span1_1 + " will not be liable to any party for any loss or damage arising, either directly or indirectly, from the calculator. Further, " + span1_2 +" does not make any representation or warranty about the accuracy of the results.
The results produced are based on a number of assumptions, including the continuation of current tax laws, and are therefore illustrative only. No representation or guarantee is provided regarding the future performance of any superannuation product.
The calculator is provided for your personal use and you may not otherwise copy, re-produce, licence, distribute or use the calculator for other purposes, without the prior written consent of " + span1_3 + ".
" + span3 +"
"
Global.Note.about="There are two ways you can make contributions to your super - either with pre-tax money (using salary sacrifice) or after tax money. Our 'Salary sacrifice calculator' helps you compare these two methods by showing the net effect on your take home pay and on your super contributions.
"
+ "This calculator generates factual information. It does not constitute a recommendation or statement of opinion about salary sacrifice or after-tax contributions and is not intended to be relied upon for the purpose of making a decision in relation to a financial product. We suggest you consider seeking advice from your "+span2+" before making any financial decisions. The calculator only considers a limited range of issues and does not consider all of your personal circumstances.
";
}
![AssumptionsPAYG tax is calculated using the personal marginal income tax rates plus Medicare levy effective from 1 July 2011 with a tax threshold and no leave loading. The PAYG tax calculation takes into account the Low Income Tax Offset calculation effective 1 July 2011. The Medicare levy rate used does not take into account low income for families. The Medicare levy surcharge has not been included in this calculator." +"The compulsory employer super contribution amount of 9% is calculated only on the gross income amount entered. Compulsory employer super refers to Superannuation Guarantee Contributions (SGC) and/or Award contributions. No allowance has been made for the maximum Superannuation Contribution base ($43,820 per quarter for the 2011/12 financial year)." +"No allowance has been made for taxes (including taxation that applies to the payment of superannuation and retirement income benefits) with the exception of personal income tax and contributions tax. If any of these other taxes apply, the calculator's results will be incorrect." +"No allowance has been made for the Temporary Flood and Reconstruction Levy 2011." +"Super co-contribution has been included in the calculation. This has been based on the Gross salary and After-tax contributions that have been entered into the calculator. The super co-contribution rate is current from 1 July 2011." +"Concessional (Salary Sacrifice including SGC) contributions are capped at a maximum of $25,000 (or $50,000 if you are over age 50) and are subject to contributions tax of 15%. Note the concessional caps commence from 1 July 2011 and the $25,000 (or $50,000 if you are over age 50) limit mentioned previously is for the 2011-2012 financial year." +"In order to compare a salary sacrifice strategy with a strategy utilising after tax contributions, the contribution amounts need to be the same. Therefore, for the purposes of this calculator only, after tax contributions should be limited to the concessional contribution cap of $25,000 ($50,000 if you are age 50 or over)." +"Transitional contribution caps apply to this calculator." +"Superannuation Guarantee contributions cease at age 70" +"You are greater than 18 years of age and under age 70." +"No allowance has been made for spouse contributions." +" If your actual situation differs from the assumptions made, then the calculations may differ from your actual amounts."; Global.Note.disclaimer = "DisclaimerThis is general advice only and has been prepared without taking into account your particular objectives, financial circumstances and needs. Before making any decision based on this calculation, you should assess your own circumstances or consult a financial planner. To the extent permitted by law, " + span1_1 + " will not be liable to any party for any loss or damage arising, either directly or indirectly, from the calculator. Further, " + span1_2 +" does not make any representation or warranty about the accuracy of the results.The results produced are based on a number of assumptions, including the continuation of current tax laws, and are therefore illustrative only. No representation or guarantee is provided regarding the future performance of any superannuation product.The calculator is provided for your personal use and you may not otherwise copy, re-produce, licence, distribute or use the calculator for other purposes, without the prior written consent of " + span1_3 + "." + span3 +"" Global.Note.about="There are two ways you can make contributions to your super - either with pre-tax money (using salary sacrifice) or after tax money. Our 'Salary sacrifice calculator' helps you compare these two methods by showing the net effect on your take home pay and on your super contributions." + "This calculator generates factual information. It does not constitute a recommendation or statement of opinion about salary sacrifice or after-tax contributions and is not intended to be relied upon for the purpose of making a decision in relation to a financial product. We suggest you consider seeking advice from your "+span2+" before making any financial decisions. The calculator only considers a limited range of issues and does not consider all of your personal circumstances."; }](http://www.theportfolioservice.com.au/Contactus.htm><B>online form</B></A>"
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document.getElementById("bannerimage").alt = "Questor"
span1_1 = "Questor"
span1_2 = span1_1
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span3 = "Questor Financial Services Limited (Questor). ABN 33 078 662 718. AFSL No 240829 RSE License No L0001489 is the Trustee of The Portfolio Service Retirement Fund RSE Registration No R1004847."
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