Salary packaging is the easiest way to increase your income without working longer hours. Salary packaging is the ATO approved way for employees to purchase goods and services with tax-free dollars. Salary packaging is an easy, cost-effective way to increase your take home pay by 6-12% and pay less income tax.
Employees of eligible not for profit organisations can salary package a maximum of $15,899 tax free each FBT year. These tax free dollars can cover regular payments like mortgage, rent, and utilities, or be directed towards or be directed towards a salary packaging card to use for your day to day purchases.