Do you want to reduce your income tax, boost your superannuation savings, take advantage of other tax-effective benefits, and increase the value of your total pay packet? Many employers now allow their staff to take their remuneration as a package of cash along with certain other employee benefits that are concessionally taxed, such as superannuation contributions.
Reduce your taxation and increase your savings
As a result, you may be able to reduce your tax and/or gain valuable benefits. A Bridges financial planner can help you understand which benefits provide a tax advantage and which do not, and how your total income and marginal tax rate will affect your package.
Ask your Bridges financial planner about packaging your salary and make it go further.