Salary Packaging in private companies

[jdad84]

So, from a little research (ok, a quick google) I see that:

 

 

 

• Public Benevolent Institutions (PBI)
  
• Public and Private Hospitals
  
• Health Promotion Charities (HPC)
  

 

 

Benefit from salary packaging for things such as: Car lease, laptop, mortgage etc.

 

I wondered, from private companies who are not part of the above list, are there any other tax-efficient 'salary packaging' schemes or is it just the above??

 

Thanks,

 

J

 

 

 

SOURCES: 1. http://www.cbb.com.au/salary-packaging/for-employees 2. http://careers.shpa.org.au/Hospital-Pharmacy/Salaries-and-Conditions

[NickyNook]

Private companies can 'salary package' whatever they want - however they have to pay fringe benefits tax on anything that they provide tax-free to their employees (obviously so the ATO doesn't miss out) so it's not really cost effective for them to do it. Some companies do offer some tax-free perks and pay the FBT, of course.

 

Hospitals and charities, being non-profit-making organisations, have different tax arrangements and can legitimately offer employees much more in the way of tax-free perks. Charities do it to make up for the lower salaries they pay.

[Freckleface]

Lots of companies offer salary packaging with many people using it for cars and additional superannuation.

[jdad84]

Lots of companies offer salary packaging with many people using it for cars and additional superannuation.

 

I think I understand. My wife is still at the negotiation phase and its a rather large telecoms company so perhaps there's scope to negotiate some benefits.

 

Thanks,

J