Personal attention, business expertise:
the accountancy firm that puts your goals first

Home >  Blog >  Salary Packaging for Employees

Salary Packaging for Employees

Posted on 19 February 2014


You don’t need a pay rise to increase your income. 

Salary Packaging is an entitlement granted by the Federal Government to all workers that allows you to take part of your income as a tax-free benefit.

Salary packaging works by having a portion of your pre-tax salary deducted to pay for certain expenses. Income tax will then only apply to the amount of your salary that remains after these deductions have been applied.

Salary packaging is limited for commercial employees to superannuation contributions, motor vehicle expenses and expenses that the employee would otherwise have received a tax deduction for. This applies for employees from most businesses, organisations and government departments.

However for people working for not-for-profit public or private hospitals, certain non-government not-for-profit organisations or public benevolent institutions the expenses able to be salary packaged can extend to groceries, personal loan or mortgage payments, household bills, school fees and more.

Please contact Alderman & Associates for further information.

Tags:Employees2014PlanningAdminTax ObligationsATOCashCash flowStrategy
Moxacroro219 days ago
Viagra Definizione erOndemiurne buy cialis on line enewayGews Propecia 8 Months
Shieryriz216 days ago
Pristiq erOndemiurne cialis enewayGews viagra con drogas
shietry98 days ago - buy cialis online us
Triewanna98 days ago - comprar cialis online
Shieryriz80 days ago
cialis 5mg
Moxacroro74 days ago
cialis for sale
snolley66 days ago
buy cialis online canadian pharmacy
snolley49 days ago
cheapest cialis available

Post comment

Visit us at - 90B King William Road Goodwood SA 5034
(please click for a larger map). 7077 2877 Tell a FriendPrintBookmark SiteLinkedInFacebook