Salary Packaging - Salary Sacrifice Company Australia - Eziway
Who is Eziway Salary Packaging?
For
over a decade we have been at the forefront of developing systems and providing
service offerings to the not-for-profit sector including charities, public
health, community and disability service providers.
We
developed an industry leading software and dedicated service model, which is
designed to manage this complex tax arrangement.
Our
cloud-based administration system, developed in-house, provides faultless
salary packaging services. Organisations can tap into its power via our equally
sophisticated online portal and app, which provides transparent, real-time data
and interactive account functionalities.
What
is Salary Packaging?
Salary
Packaging, also known as Salary Sacrificing, is an ATO approved workplace
benefits program, which serves as a value proposition for both employers and
employees. As an Employer, Salary Packaging goes a long way to retaining your
most valuable asset, your staff. As an Employee, Salary Packaging lets you
minimize tax and maximize your income.
What
can I Salary Package?
Salary
Packaging is an ATO-approved method of restructuring your gross salary in order
to pay less tax. As an employer, the ATO gives you generous tax benefits that
you can then pass on to your employees.
The
benefits available depend on your Employer’s Salary Packaging Policy and may
include:
·
Mortgage
repayments
·
Rent
payments
·
Personal
loans
·
Credit
Card repayments
·
Portable
devices
·
Novated
Car Leases
·
Remote
living costs
·
Entertainment
expenses
·
Venue
hire
What
are the benefits of Salary Packaging?
Some of
the benefits include being able to salary package certain lifestyle benefits or
other various expenses such as your mortgage, rent, car or personal loan or
credit card repayments.
With
Eziway, our consultants can tailor a salary packaging arrangement based on each
employee’s personal circumstances that aims to reduce their taxable income and
increase their take home pay based on your organisation’s policy and industry.
For
more details visit: Eziway.net.au
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