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**agolutuaddiff** · 07-09-2010, 06:53 AM

I have recently been offered a position in Sydney which is paying over $100k per annum.

This is about a 45k jump from what I am earning now in my 9-5 job so its a massive step up.

I have done my sums and theoretically you think I would be almost taking home twice as much per week after tax.. but due to being in the higher tax band, I am only taking home about 25% more after tax.. still not to bad but I would like to utilize this package as best as possible.

Does anyone have any tips on how I can maximise my package and reduce my taxable income to my benefit? Things like salary sacrifice, negative gearing.. etc?

Help would be appreciated!

07-09-2010, 06:53 AM	#1
agolutuaddiff Join Date Oct 2005 Posts 422 Senior Member	Reducing Income tax for a high earner I have recently been offered a position in Sydney which is paying over $100k per annum. This is about a 45k jump from what I am earning now in my 9-5 job so its a massive step up. I have done my sums and theoretically you think I would be almost taking home twice as much per week after tax.. but due to being in the higher tax band, I am only taking home about 25% more after tax.. still not to bad but I would like to utilize this package as best as possible. Does anyone have any tips on how I can maximise my package and reduce my taxable income to my benefit? Things like salary sacrifice, negative gearing.. etc? Help would be appreciated!
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