With salary packaging, certain expenses are paid for before tax is taken out. This reduces your taxable income so you could pay less tax. And with many expenses already paid for, you have more to spend on other things.
Get tax savings by salary packaging items you already pay for
Salary packaging, also called salary sacrificing, is a benefit offered by your employer that lets you pay for some everyday goods and services before your tax is calculated. It’s an ATO-approved way of minimising your income tax and maximising your income.
What can I salary package?
Many things you now pay for from your after-tax income could be salary packaged.
Everyday goods and services you already pay for
Benefits vary by employer and industry
May depend on your employment status (full-time, part-time or casual)
Below are some of the most common ways people use salary packaging to reduce their income tax.
Is salary packaging hard to manage?
Whether you’re exploring salary packaging for the first time, wanting to add new benefits, or thinking of salary packaging a car, Smart™ makes it simple.
