From Nest to Nest Egg: A guide to the First Home Super Saver Scheme

In this third instalment of Show Me The Perks, our host Kim Bigg chats to Sam Wagner, Director, Business Services about the tax saving benefits and potential gains of saving for a first home within the Government's First Home Super Saver (FHSS) scheme. Discover how the FHSS can expedite the journey for Australian first home buyers in saving for a deposit through its concessional tax treatment of savings. Sam breaks down the key eligibility criteria in the latest episode and covers the key questions surrounding the FHSS scheme. Kim and Sam also unpack the considerations for parents hoping to give their children a helping hand in first home ownership, without providing liquid cash in the bank, and the tax effective ways to do so. As always, we encourage you to submit any questions you have relating to taxes, accounting, or anything else business related to [email protected] and it might just feature in our next episode! Tune in to unlock the perks of leveraging the FHSS scheme for smarter savings.