Description
This document illustrates how salary packaging works and demonstrates how it can help employees maximize their net take-home pay while ensuring the after-tax costs for the employer remain unchanged.
Please note that this is a simplified example and does not account for other deductions, the employee’s assessable income, or potential changes to tax rates, thresholds, or the superannuation guarantee rate, all of which could impact the results.
For personalized advice on structuring a salary package tailored to your needs, please contact us to book a consultation session. Thank you!