Salary packaging gives employees access to some great tax benefits. So why not take advantage of them?
With capped benefits there’s a limit to how much you can salary package each Fringe Benefits Tax year (1 April – 31 March).
Everyday living expenses – up to $15,900
Those everyday living expenses sure add up, but with salary packaging you can pay for them before you get taxed!
- Mortgage and rent
- Gas and electricity expenses
- Groceries and clothes
- Personal loan repayments
- Private health insurance premiums
- School fees
- You can still salary package with a HECS/HELP debt