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The dangers of not paying yourself super as a business owner

Many self-employed people avoid paying themselves superannuation, believing the business will fund their retirement. However, avoiding super delivers not only substantial risks but closes the door on some generous opportunities too. In 2018, the Association of Superannuation Funds of Australia (ASFA) found that 1 in 5 self-employed Australians have absolutely no super (compared with only 8 per cent of employees).  There are more factors than you probably realise pertaining to superannuation
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