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Salary Packaging Termination Form Paywise

Salary Packaging Termination Form Paywise

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Video instructions and help with filling out and completing Salary Packaging Termination Form Paywise

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Instructions and help about Salary Packaging Termination Form Paywise

salary packaging also known as salary sacrificing is a completely legal way for people to pay less tax when earning money in australia and hopefully this video sheds some light on the topic welcome back to my channel my name is reese and in today's video i'm going to be talking about what salary packaging is when it should be considered what you can actually package and what you need to consider before actually doing it so what is it generally a salary packaging agreement is put in place when going through the employment process and what is contained within that package is negotiated as part of you being hired for that company the opportunity comes where employers are able to offer their employees the ability to sacrifice a portion of their pre-tax salary to cover the cost of agreed benefits and the positive effects of doing this is that you gain the benefit of increasing your take-home pay by a few thousand dollars in the form of receiving those agreed benefits you see

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