i3GroupPayroll
October 25, 2021
Salary sacrifice is rising in popularity in Australia as workers use this scheme to access more of their wages and pay less in tax – legally. Salary sacrifice […]
i3GroupPayroll
November 30, 2020
A novated lease is a form of salary sacrificing that allows an employee to finance a car with fortnightly or monthly payment instalments.
i3GroupPayroll
October 30, 2020
Salary sacrificing is a great way for employers to offer benefits to their employees in a tax-efficient manner. In essence, you buy benefits in pre-tax dollars so if the tax rate is 32.5%, you get 32.5% better buying power.
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