Intax --- Page: 1/22 : April 2008 No author supplied for original article
LexisNexis Summary
It is often incorrectly assumed that salary packaging is most beneficial to Australians in the top tax bracket. Effective savings are available to staff who salary sacrifice into lower-taxed benefits including cars and superannuation. Considerable tax savings are available on purchases of work-related items that are free of the fringe benefits tax (FBT), such as mobile phones and laptops. The attraction of packaging benefits including mortgage and credit card repayments is eroded if the organisation is classed as a full FBT employer.