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Not For Profit Salary Packaging Calculator
Not For Profit Salary Packaging Calculator. A salary sacrifice arrangement is also referred to as salary packaging or total remuneration packaging. Select the amount you wish to package within the $15,900 fbt cap limit.
Just provide a few details and calculate your savings, then submit your enquiry to us and we will take care of the rest! I earn $ per annum. Receives benefits of a similar cost (to the employer) in return.
“…An Arrangement Between An Employer And An Employee, Where The Employee:
Agrees to permanently forego part of their future entitlement to salary or wages. Instantly calculate the affect the pbi benefit can bring to your take home pay after any of the possible exempt benefit items have been paid for, such as rent, mortgage, and many more. Home > blog > how not for profit employees can benefit from salary packaging.
Receives Benefits Of A Similar Cost (To The Employer) In Return.
This could reduce your taxable income and the amount of tax you pay. To achieve the same benefit without salary packaging you would need a gross salary of $0. Nt health salary packaging benefit card;
Cbb Provides Salary Packaging To Employees Of Eligible Not For Profit Organisations.
If the job market is paying around $80,000 for an nfp professional, your organisation could advertise the annual salary package of $80,000, with the actual cost to the organisation of $63,000. $15,900 everyday general living benefit. Fees and charges have not been included in the above calculations.
The Ato Outlines Salary Packaging As:
To find out if you’re eligible, speak to your employer, get in touch online, or give us a call on 1300 123 123. To achieve the same benefit without salary packaging you would need a gross salary of $0. Select the amount you wish to package within the $15,900 fbt cap limit.
Choose An Employer Type That Best Describes Your Organisation * Annual Gross Income * Payroll Frequency.
All users must not rely on or consider any results generated by the calculator as personal taxation advice; Any salary packaged meal and other entertainment benefit amounts for which you can claim gst. About us contact book a consultation.
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