CBB Salary Packaging 1300 763 505
What is Salary Packaging?
Salary Packaging is a Fringe Benefit that employees can access if they work for an organisation who qualifies for a fringe benefit tax exemption.
Currently you receive all of your salary as Taxable Income on which (PAYG) income tax is payable. Under Salary Packaging you can choose to take part of your salary as “non-cash benefits” (NCB) and spend these pre-tax dollars on most everyday private expenses.
In most cases, Salary Packaging allows you to save thousands of dollars in tax resulting in increased disposable income which in total, can equate up to an 15% pay rise.
Salary Packaging is approved by Australian Taxation Office (ATO) for Public Benevolent Institution (PBI) employees.
To get started or for more information, please contact CBB the not4profit people