Salary Packaging

There are generous tax concessions for not-for-profit organisations. One such concession is an exemption from Fringe Benefits Tax (FBT).  Employee's who work for such an organisation can salary package part of their wages and be reimbursement for the personal expenses. No income tax is payable on this money. In effect, part of your wage is paid tax free each pay day.

 

If you work for a not for profit organisation such as a public hospital and want to know more about the benefits of salary packaging contact Jeffkins Accountancy - Accountants Melton.

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