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Using 'before tax' money
][Some contributions may be made from before-tax money. What's more, these contributions may qualify for a tax deduction or rebate.
Concessional tax environment
Your benefits grow in a concessional tax environment, with the maximum tax rate of 15 per cent on fund earnings. Lump sum payments are generally concessionally taxed. Income streams such as allocated pensions or allocated annuities, may defer or eliminate lump sum tax, and may qualify for a 15 per cent tax rebate.
Long-term growth
The longer your money stays in super, combined with the tax advantages, means that your benefits can grow.
Rollovers in one place
Managing your super is much easier when it is all in the one place. What's more, if your money is spread across different funds, you may be paying unnecessary fees and charges. By consolidating your super into one easy to manage fund, you can minimise the fees and maximise your earnings potential.
Our Financial Planners can show you how strategies such as spouse super and salary sacrificing work and help to assess the suitability for employees.