It s a win win for everyone. Smartsalary novated leasing salary packaging service.
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Thousands of australian workers love salary packaging through us.
Best salary packaging australia. All benefit examples based on a 60 months terms driving 14 500 km per annum on a 68 000 annual salary. One simple payment from your salary covers everything making it easy and potentially saving thousands in tax. Salary packaging means to arrange your salary or wages in a tax effective way so that you pay less tax.
Plus you won t pay gst on the purchase price repayments fuel insurance or servicing. Many employers provide salary sacrifice through a specialist salary packaging provider. The most common arrangement is what s called a novated lease.
The pros and cons of salary packaging a car cars and running costs are another popular way to make use of salary sacrificing. It is generally most effective for people on mid to high incomes but can be considered by anyone who pays tax that is if you earn over the tax free threshold of 18 200 a year. With a novated lease whether it s new or used for work or pleasure you can pay for your car and its running costs using pre tax dollars.
Prices excluding gst under novated lease and images are for display purposes only. Vehicles subject to availability. He says it is best employer practice to offer a salary packaging program.
Kpmg australia employment taxes and salary packaging specialist simon ellis believes that even for those working in non fbt exempt sectors cars superannuation and portable electronic devices are all very very worthwhile salary packaging options. Vehicle pricing may be subject to change without notice. Salary packaging australia are the specialists in outsourced salary packaging for employers right across the country.
Our team handle everything for both you and your employer. Salary packaging is the smart way to save on your finances by reducing your taxable income and spending your pre tax salary on everyday expenses. This article sets out to demystify salary packaging and explain it in a simple and easy to understand way so that more australian s can benefit.
Pricing is based upon supply of motor vehicle in south east qld.
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