Why not put more money away for the future by salary packaging contributions to a managed investment fund or approved investment insurance product. Payment for this benefit is as simple as a direct payment to the savings scheme or as a reimbursement where regular ongoing payments are occuring.
You can package contributions to a managed investment fund, which is structured on a unitised basis. The investment insurance product must be provided by an approved life company.
Still not sure whether you can package a savings and investments scheme?
Things you need to know: The above information is not intended to constitute taxation or financial product advice. Your benefits and savings will vary depending on your personal objectives, financial situation and needs. We recommend you obtain independent financial advice before making any financial decisions.
Eligibility criteria and terms and conditions apply. All salary packaging proposals are subject to the requirements of your employer. Administration fees will apply. The actual administration fee that applies to you may vary depending on your employer. ITCs (refund on GST) are excluded. Maxxia may pay and receive commission or rebates in connection with some services and products it provides or arranges to be provided by third parties. Maxxia Pty Ltd ABN 39 082 449 036 Authorised Representative (No. 278683) of McMillan Shakespeare Limited (AFSL No. 299054).