All Topics / Heads Up! / Superannuation Search for: Viewing 2 posts - 1 through 2 (of 2 total) Fudge111Broz00Participant @fudge111broz00 Join Date: 2003 Post Count: 245 October 10, 2003 - 12:22 am Hi Steve, In the chapter when you show how a annual salary is much lower when you allow for your tax payments, etc, you take of the superannuation aswell. I know that super is paid 9% on top of your annual salary, so why is this deducted in your book, Thanks heaps, Fudge111[8D] Steve McKnightKeymaster @stevemcknight Join Date: 2001 Post Count: 1,750 October 10, 2003 - 12:28 am Hi, I just wanted to show that a gross salary needs to have super deducted from it to form a net salary, and then that income tax is levied on the net rather than the gross salary. Cheers, Steve McKnight ********** Remember that success comes from doing things differently. ********** Steve McKnight | PropertyInvesting.com Pty Ltd | CEOhttps://www.propertyinvesting.comSuccess comes from doing things differently Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. If you don't have an account, you can register here.