Salary Packaging, Salary Sacrifice, Salary Sacrificing

Salary Packaging

PayMe can assist with salary packaging and sacrificing

PayMe can arrange to capture your business expenses for salary sacrifice and packaging. This is an easy and ATO compliant mechanism to capture professional expenses, car maintenance, internet costs and salary sacrificing for purchases such as laptops and PDAs.

When is salary packaging applicable?

• Professional Expenses Payments such as professional membership fees, subscriptions to trade journals, magazines and papers (no FBT taxes apply to this benefit)
• Novated Car Lease and car maintenance costs (FBT taxes apply to this benefit)
• Superannuation Salary Packaging and Salary Sacrifice - By cash salary sacrificing for additional contribution to superannuation, you can increase your retirement savings and also save on tax (no FBT taxes apply to this benefit)
• Internet Expenses - You can salary sacrifice the cost of an Internet connection such as ADSL and/or dial up (no FBT taxes apply to this benefit)
• Laptops and PDAs - Laptops and PDAs used both for private and/or business use can be salary sacrificed. A limit of one per year applies (no FBT taxes apply to this benefit)
• Mobile phones and other equipment - Mobile phones can be included with salary packaging and paid for from your pre-tax dollar (no FBT taxes apply to this benefit)
• Anything that you would otherwise claim through your tax return at the end of the financial year

For information on salary packaging, contact PayMe Australia

PayMe can assist with all enquiries regarding salary packaging and salary sacrificing. With over 15 years’ experience, PayMe can ensure that you are receiving the maximum salary after all work-related expenses are deducted from your taxable income.