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Jimmy earns $75,000 per year before tax.

Jimmy wants to salary sacrifice $5,000 per year.
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Without Salary Sacrifice
With Salary Sacrifice
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Taxable Income 75,000.00 70,000.00
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Salary Sacrifice Contribution - 5,000.00
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Salary Sacrifice Contribution Tax @ 15%
 - 750.00
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Income Tax @ 32.5% 14,842.00 13,217.00
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Medicare Levy @ 2% 1,500.00 1,400.00
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Total 58,658.00 59,633.00
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Jimmy saves $975 if he salary sacrfices $5,000 per year.
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$18,201 – $45,000 5,092.00 5,092.00
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$45,001 – $120,000 9,750.00 8,125.00
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Income Tax @ 32.5% 14,842.00 13,217.00
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