SALARY SACRIFICE

I have included an excel template for working out a package with FBT-exempt items. This would allow you to make some comparisons as to whether any savings are actually being made with various packaging. Some of the variables to consider when you are using this template are as follows:

  1. Tax rates applicable for 2012-13 and 2013-14 year.
  2. Superannuation at 9.25%