But for most self-employed folks, this is exactly what happens. All because nobody made it clear how to grow your super investments, by conveniently slashing your tax using superannuation...


Are you ready for a truth bomb?

When it comes to your super, this is what you simply CAN'T control:

  • Picking which super fund will be the best performer over the next 10 years.

But, more importantly, here’s what you CAN control:

  • The amount of tax you pay; and
  • the amount of investment fees you pay.

This after-tax focus on wealth is particularly important when you’re self-employed. Because you don’t want too much tax and high investment management fees potentially eating up a sizeable chunk of your real returns.


If you’re not quite sure how to use super to legitimately reduce your tax, let’s fix that.

Because it’s actually a really useful strategy.

You see, money inside super is taxed at 15%, versus outside of super where it’s taxed at your marginal tax rate (which can be as high as 45%).

But if you want to claim a tax deduction on the money you contribute, it's important to keep in mind that it's actually not enough to simply make a Personal Contribution into your super.  You have to do a few more things – which are outlined in detail in this blog post.


As an example, let's say this is Alex.

She's a 34 year old freelance copywriter who sees herself retiring at 67.

Alex earns a solid average of $85,000 a year and she also gets taxed solidly on that amount, too.

After years of procrastination, she finally decides to do something about her retirement and commits to saving $125 a week.

Very quickly, Alex notices how much less tax she pays if she starts saving inside super and claiming her contributions as a tax deduction.

She also sees how it boosts her retirement stash in the future, compared to the same investment outside of super:


Outside super

Inside super

Tax paid on the $125*
Actual weekly amount invested after tax
Amount at retirement

So by saving for retirement using super – and claiming contributions as a tax deduction – Alex slashes her taxes and pockets an additional $81k in retirement savings.

And because Alex will be over 60 years old when she retires, she can access her superannuation savings tax-free.

Thank you Mr Taxman!

* For more information on how super is taxed, visit the government’s MoneySmart website here.


Unlock the tax benefits of super!
We'll guide you through

Your money is managed by some of the biggest in the business

  • BetaShares
  • BlackRock
  • StateStreet
  • Vanguard


Once you’re paying less money in taxes, you’ve then got more inside your investments to keep compounding over the long term.

And stashing that money into low-cost, low-tax index funds – with a steady return – is a great way to build your retirement wealth.

No wonder Warren Buffett is always praising index funds*.

All the investment options in GigSuper are built using index funds. This means you won’t be paying fund managers unnecessarily hefty fees to try to outperform the market...because in the long run, that’s an extremely difficult task to pull off.  Refer to our Investment Guide for full details.

Another handy thing about index funds is their tendency to have a lower turnover of assets.

From a tax perspective, this typically leads to less capital gains tax being triggered. Which is great for keeping the Tax Man from binging on your investment returns as intensely as he’d like to.

*To be clear, he's endorsing index funds, not GigSuper. If he does endorse us, you can bet we’ll let you know.

Invest using Autopilot

Just choose the Autopilot option and we’ll move your money from more aggressive investments when you’re younger, to more conservative ones as you get older.

Prefer a more hands-on approach? That’s cool, too. Simply choose from one of our four diversified investment options and manage it yourself from within the app.


Example disclaimer

Alex is a fictional persona based on some typical attributes of a self-employed individual. Please make sure that GigSuper is right for your circumstances, even if your situation is identical or similar to Alex.

Figures are shown in today’s dollars, however they are not intended to be reflective of any particular investment option within GigSuper. These results are for illustrative purposes only and do not represent actual or expected returns that any particular investor might experience.

The projections are based on a number of assumptions, including but not limited to the following:

  • For both the super and non-super investment products an annual return of:
    • 2.37% capital gain
    • 4.88% income
    • 0.56% franking.
  • Tax rates on income and capital gains both inside and outside super remaining constant which may not occur.
  • A steady inflation rate of 2.5% which may not occur.

The prospective financial information provided is not a reliable indicator of future performance in that it is predictive in nature and may be affected by inaccurate assumptions, unknown risks and other uncertainties. Therefore, the prospective financial information may differ materially from the results ultimately achieved.

The above comparison in no way constitutes advice to invest in any particular investment product and we recommend you seek independent financial advice before deciding whether investing in super or non-super products is right for you.