Our Services

Salary Packaging

Salary Packaging is an effective way of receiving your salary (as a combination of income and benefits) to enable you to reduce the amount of income tax you pay. Through a well structured salary packaging agreement, you are able to deduct a portion of your pre-tax income to pay for other benefits of comparable value.

Some items that you may be eligible to package, include:

  • Superannuation
  • Mortgage repayments 
  • Personal loan repayments 
  • Utility bills 
  • Motor vehicle running costs 
  • Laptop/notebook computers 
  • Membership fees 
  • Novated lease of a motor vehicle

The advantages of a well planned Salary Packaging structure can be considerable. However, it does need to be agreed with your employer and it’s not necessarily suitable for everyone. At Bimson Smith, we will be able to assist you to better understand the various options available and provide advice on whether Salary Packaging is likely to be of benefit for you.

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