everyone loves to save tax and you can save tax by building your first home deposit via the first

everyone loves to save tax and you can save tax by building your first home deposit via the first home super savers scheme. Instead of paying tax your marginal tax rate for your first home deposit like most people do you can put concessional contributions and only pay 15% contributions tax. Of course there are limitations to $15,000 concessional contributions per year and you can take out a maximum of $50,000 plus earnings for your first home deposit. Of course with property as expensive as it is here in Australia we need larger Deposits and the first home super saver scheme should be your first steps to building this deposit. General advice only. #robgoudie #financialadvice #superannuation #firsthome

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.