Issues & trends

Salary packaging has been quite popular due to the Fringe Benefits Tax (FBT) concessions it offers, especially in the non-profit sector. While the new rules that have been progressively introduced and the successive tax cuts over the past few years have eroded some of these concessions and the overall tax effectiveness of salary packaging arrangements, employees may still benefit from these arrangements if their salary packages are structured to take advantage of the remaining concessions.

read more