It’s quite simple – Salary packaging allows you to pay for certain benefit items BEFORE you get taxed. You then get taxed on your remaining income: therefore you will pay LESS tax, and take home more money each pay
You may be able to salary package the following benefits (Employer and location dependent)
- Vehicles
- Superannuation
- Remote area mortgage interest
- Self-Education expenses
- Work equipment
- Insurance
- Living expenses card
- Living away from home allowance
- Remote area rent
- Professional memberships
- Fly-in Fly-out (FIFO)
- Drive-in Drive-out (DIDO)
- Relocation
- Meal and entertainment card