ما ترجمة salary packaging

[مراد سعادة]

ما ترجمة salary packaging

STeP offers comprehensive, tax compliant salary packaging options using the best salary packaging software in Australia (Seqoya) and the best salary packaging card (Bendigo Visa debit card).

[مراد سعادة]

What is salary packaging?

The principal aim of remuneration packaging is to legitimately restructure the way in which employees receive income so as to maximise disposable income. This is usually done in such a way that it doesn't impose any additional financial burden on the employer.

The main mechanism used is to exchange taxable salary for benefits paid by the employer. The employee agrees to forgo or "sacrifice" the cost to the employer of providing the benefit. For example, instead of an employee making a superannuation contribution upon which income tax has been paid - an employer will make the equivalent payment and the employee will agree to accept salary lowered by the amount of contribution. The employee will then pay income tax on the lower amount.