With Salary Packaging what type of income can be salary packaged. Is there any restrictions on the type of income that can be salary packaged. ie Base salary OTE can be packaged, can allowances (laundry, travel, km's) be packaged ? Are there any restrictions to the type of income that can be salary packaged.
Yes, there is, the salary that can be sacrificed or packaged is salary, holiday and long service leave, bonuses, and commissions.
To set up any effective salary packaging arrangement there’s lots of things you'll need to consider.
Check out our further info on Salary sacrificing it'll show you what an effective salary sacrifice arrangement is and what you can sacrifice.
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Yes, there is, the salary that can be sacrificed or packaged is salary, holiday and long service leave, bonuses, and commissions.
To set up any effective salary packaging arrangement there’s lots of things you'll need to consider.
Check out our further info on Salary sacrificing it'll show you what an effective salary sacrifice arrangement is and what you can sacrifice.
thanks Deb for the response though the link and the information does not quite answer my question.
I should be more specific - I want to know what type of income can or can not be salary packaged,
- Ordinary times earnings (OTE) - yes
- Annual Leave - Yes
- Long Service leave - Yes
- bonus or commission - yes
- travel (km) allowance - ??? yes or no
- laundry allowance - ??? yes or no
many thanks
Natasha