But employers may not realize that simply offering raises won't make the company's best workers stick around. Bonuses, company perks and paid days off aren't enough to keep employees happy, said Pete Pedone, president and founder of home audio/video system design firm Interactive Home.
The amount you can earn before you have to pay tax, actually depends on your age. For people of working age, the effective tax-free threshold is currently $20,542 (2013/14).o you can earn another couple of thousand dollars before you have to pay tax. PLEASE NOTE â If you have earned below the amounts mentioned and donât plan to lodge a tax return, you still need to let the tax office know of your situation.
If your income # is less than $300,000 a year, but is more than $300,000 when you include your before-tax contributions, the 30% tax rate will apply to the part of your before-tax contributions that take you over the $300,000 threshold. The tax-free and taxable components are calculated from the type of contributions that have been made to your account. To find out how much of your super is tax-free and how much is taxable you can log in and get a benefit quote or call us on 1300 300 273.