Putting more in your pocket
Earning more each week, working the same amount of hours?
Sound too good to be true?
If you earn a salary, salary packaging means you can keep a little bit more for yourself because of laws that allow employees to replace some of their cash income with items like laptops and car leases.
When your employer provides items like these in lieu of cash income, it reduces the amount of tax you have to pay, effectively putting more cash in your pocket each pay day. While you may still need to pay Fringe Benefits Tax (FBT) on some of these items, your income savings will most likely outweigh the cost FBT, if you have to pay any all.
We can help you navigate through salary packaging and determine how you can reap the most benefit from your financial position.
Call us today and find out how salary packaging can put more in your pocket every week.