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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.

Author: Laurence, Michael
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2003
Motor vehicles and car bodies, Forecasts, trends, outlooks, Automobiles, Automobile Manufacturing, Services information, Taxes, Taxation, Services, Forecasts and trends, Market trend/market analysis, Workers

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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.

Author: Laurence, Michael
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
United States, Australia, Prepackaged software, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Statistical Data Included, Analysis, Computer software industry, Software industry, Product information, Column, Compensation management, Human resource management software, CCH Computax Inc.

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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.

Author: Laurence, Michael
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2003
Methods, Tax planning, Composition, Tax evasion

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Subjects list: Employee benefits
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