Super Smart Super
Why Business Owners Can’t Afford to Ignore Super
When you run a business, superannuation can often be overlooked. Unlike employees, no one else contributes on your behalf — meaning the responsibility rests with you.
The benefits of super are too significant to ignore. Contributions are taxed at only 15% (or 30% for high incomes), compared to up to 45% in personal tax rates. That makes super one of the most tax-efficient vehicles for wealth creation.
Many business owners reinvest everything into their company, but this can leave you vulnerable later in life. Building super alongside your business creates balance and provides a personal safety net. Think about establishing regular contributions, reviewing insurance options through super, and even exploring SMSFs if you want greater control.
As a business owner, you’re used to wearing many hats — but your super deserves its own focus. An adviser can help you structure contributions in a tax-effective way and ensure your financial future grows alongside your business. Sometimes the smartest investment you can make is in your security.
