Package your dream car
Article Abstract:
The car enthusiasts can gain valuable tax advantages by including a collectable vehicle, such as a 30-year-old Porsche, in their salary packages. One of the greatest advantages of this package is the payment of higher maintenance costs of older cars that can be effectively paid from the pre-tax income without the employee being directly subject to any form of tax.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2003
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Seize the package
Article Abstract:
Employees can convince employers that putting together a salary package can benefit both parties. Employers gain productivity and lessen turnover, can save on payroll tax and workers' compensation costs, and can reduce pressure for pay raises. A software program for salary packaging is also discussed.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
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Top 30: pick of the packages
Article Abstract:
Employees should make the most of benefits that can offer a blend of tax saving and convenience. Most employees prefer loans, holidays and credit cards as a part of their salary package.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2003
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