Salary sacrificing contributions by employees are taxed at the employee' s marginal tax rate. True False

Question

Salary sacrificing contributions by employees are taxed at the employee' s marginal tax rate. True False
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Solution 1

False. Salary sacrifice contributions are generally taxed at a concessional rate of 15%, not at the employee's marginal tax rate. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool des

d to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered st

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