Why April 1 is Important For Your Salary Packaging

Why April 1 is important for your salary packaging

1 January is the annual day of new beginnings. Resolutions are made (and immediately broken), grand plans unveiled and we all have a new year to look forward to.

1 April is the first day of the Fringe Benefits Tax (FBT) year, and like its January equivalent, it’s a great time to organise your account and set up your plans and goals for the FBT year ahead.

It’s important to make sure your account and benefits are set up in a way that you are happy with. Taking a moment to review your benefits and budget will give you the confidence and peace of mind that you’re ready for all the benefits that another FBT year can provide.

Let's look at some things you can do now to set up your account for the coming year and help make the most of your salary packaging benefits:

Keeping track of your account now will ensure a smooth run towards the end of the FBT year on 31 March!

We’re here to help you with all the information you need. Contact us online, or call 1300 123 123 between 8.00am and 7.00pm, Monday to Friday AEST.

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