Salary Sacrifice Toowoomba

Salary Sacrificing

The most common strategy in respect of salary sacrificing is that of sacrificing some of your pre-tax salary into your superannuation fund.

Employees may also be eligible to enter into an arrangement with their employer in order to forgo part of their future entitlement to salary or wages in return for the employer providing them with benefits of a similar value. A common salary packaging scenario is that of a car lease.

It is important to seek both financial and taxation advice in relation to salary sacrificing strategies because of the taxation implications including income tax and fringe benefits tax.

Get in touch

Phone: 07 4632 1174

Address: 6/138 Margaret Street
Toowoomba City QLD 4350, Australia

PO Box 812, Toowoomba, 4350

Email: [email protected]

Web: revolutionfa.com.au

No obligation initial appointment

book now