<blockquote rel="KillerQT">@TasBurrfoot hello! ask ko lang about yung superannuation how it works. Just want to clarify... we can put money as we wish sa superannuation account ko?
for example: I'm migrating from SG to OZ soon... in SG we also have CPF. yung laman ng CPF (Ordinary, Special account and Medisave account) we can transfer to my superannuation account or let say I have extra money that I can commit sa superannuation account? Aside po ito sa employee/employer share.</blockquote>
@KillerQT and @MisterKehn pwede po kayo mag contribute ng pera sa superannuation mo from excess money (including proceeds from your CPF) - this what you call non concessional contribution (or after tax contribution); tax free ito up to $180K ata (or if you invoke the bring forward rule, up $540K or 3x $180k).
Kami naman ni misis, we salary sacrifice naman 10% of our gross pay and top it up in addition to the employee share. In a way this is a form of lowering your tax as this will only be slugged at 15% instead of your top marginal rate of say 32.5%.
You mileage may vary but kami we did not place out savings from Singapore to the Superannuation - ang problema kasi sa Super is that for us it will take more than 3 decades before we can access the money. It would be better to place it as a deposit to your house if feel ninyo maging home owner.