Quote:
Originally Posted by hayseed
The easiest you could do(In My opinion) would be to Salary sacrifice into your Super. Will be Tax effective as you're only Taxed on the Post Sacrifice amount..
Disclaimer, I'm NOT an Accountant!!
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I need the cash flow though. I can put it in my mortgage and get it out if I want to.
I should note that there are carry forward unused concessional cap contributions. Definitely take advantage if you can.
https://www.ato.gov.au/individuals/s...ra-tax/?page=6