Full FBT Employer
What Benefits can be included in my Salary Package?
Salary Packaging gives you the ability to restructure your income to choose the mix of salary and benefits that best suit your needs, however, you should take care not to include benefits just because they can be obtained at a lower cost. Make sure that after your benefits are paid, you have sufficient after tax money to meet your other day-to-day expenses.
Allowable Benefit Items
The following table provides a list of the benefits that may be available to you.
Benefits | Benefit FBT Status |
---|---|
Novated Lease (Fully Maintained Leases Only) or Associate Leases | Concessional |
Airline Lounge Fees | FBT Exempt |
Briefcase/Electronic Diary/Calculator | FBT Exempt |
Computer Software | FBT Exempt |
Income Protection Insurance (Other than that provided through a superannuation plan) | FBT Exempt |
Newspapers and Periodicals | FBT Exempt |
Professional Association Fees | FBT Exempt |
Salary Packaging Advice | FBT Exempt |
Self Education Expenses (Excluding HECS) | FBT Exempt |
Superannuation (PSS and CSS)1 | FBT Exempt |
Information, advice and services related to Salary Packaging is provided by Sheridan & Associates independently of Infocus Securities Australia Pty Ltd which is not responsible for provision of this Information, advice or services.