Fringe Benefits – Tax Tips

To avoid the high cost of FBT, many employers choose to provide a car allowance to their employees, typically ranging from $15,000 to $20,000. Although this allowance is subject to…

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Salary Sacrifice – Tax Tips

High-wealth individuals who operate their businesses through a company structure should consider retaining funds within the corporate entity instead of receiving a wage or dividend to stay below the $250,000…

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Salary Sacrifice – Tax Facts

If you enter into a salary-sacrifice arrangement, your income tax liability should decrease compared to not entering into the agreement. However, before committing into any arrangement, it's crucial to consider…

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