Adjusting your cap allows you to modify your chosen cap amount and cap utilisation against the corresponding cap limit.
From the main dashboard, select the cap tile for the cap you’d like to adjust. You can find your cap amounts under the “My cap breakdown” section.
To submit a new chosen cap amount, enter your desired amount in the text field.
Before confirming, you'll see a review screen showing your new changes and amounts. You will also see estimated fees, deductions, and projected take home pay if you’ve provided your salary. These can be viewed on an annual or fortnightly basis.
Adjusting your cap can have significant impacts on your salary packaging and tax situation. It's advisable to consult with a financial advisor before making substantial changes.
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