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SALARY SACRIFICE - THE KEY TO paying LESS TAX. Keep more of your income.

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Life with Chioma

Hi all,

Here is the final part of my mini series on employment in Australia. In the first part, I discussed the employment contract types in Australia. Part 2 was about taxation and how taxes work in Australia. Links are provided below
In this part, Salary Sacrificing / Packaging is explained. It is a way to reduce the tax you pay on your income in Australia. I hope you find it useful.

RECOMMENDED VIDEOS AND LINKS

AUSTRALIAN EMPLOYMENT CONTRACTS EXPLAINED    • Earn more than your full time mates! ...  

HOW TAXES WORK IN AUSTRALIA    • HOW YOU ARE TAXED IN AUSTRALIA  Tax ...  

For more information on taxes and salary sacrifice, please see the Australian Taxation Office website https://www.ato.gov.au/

posted by veleidad03