salary sacrificing

Question

salary sacrificing

 · Accepted Answer

Bruce4Tax · Answer

Is this statement true? Yes - because PBIs have concessional treatment of fringe benefits. You would be creating an expense fringe benefit, and the result would effectively be taxation at the top tax rate. https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/fringe-benefits-tax/types-of-fringe-benefits/expense-payment-fringe-benefits In any case, employers cannot be forced to provide fringe benefits unless included in the terms of employment.

Explore tax & super topicsExplore tax & super topics

About usAbout us