Salary Packaging can provide tax effective solutions in order to help employees purchase items such as cars, mobiles & laptops with the money being used to pay for these items coming from pre-tax earnings.
Benefits
There are benefits to both employee and your business. Businesses can reward their employees with nil or minimum cost to them. Employees can reduce the tax they pay as payments for the items are deducted before tax is paid on their salary.
Compliance
O'Connor Business Consulting can ensure Compliance with relevant statutory requirements and help you install systems to transfer liability if an employee resigns, is dismissed or retrenched.
Contact us to help you with your salary packaging