Australian Tax Guide
Hook
The Australian tax system gives wage earners almost nothing and property/share investors almost everything. Here are the levers wage earners actually do have.
Key Numbers
- $30,000/yr concessional super cap — taxed at 15% inside super vs up to 47% in your hand
- $700 LITO offset phases out by $66,667
- Fixed-rate WFH deduction: 70c/hour
- CGT 50% discount on any asset held > 12 months
Context
A plain-English reference for wage earners. Covers salary sacrifice, super, LITO, work-related deductions, negative gearing mechanics, franking credits, family trusts, small-business CGT concessions, and Division 293 — each with a direct ATO primary-source link.
Takeaway
The levers you can actually use are mostly super-related. Everything bigger needs an accountant and a structure.
Share Stat
At a 30% marginal bracket, every $1,000 salary-sacrificed to super saves you $150 in tax this year.
Last reviewed: 11 Apr 2026