News Release
The Henry Review into the Australian Taxation System has been released and all recommendations in the review relating to Fringe Benefits Tax (FBT) have not been adopted by the Federal Government at this stage.
The Australian Federal Budget will be released on May 11 2010 and we will make further comment after this date.
WELCOME TO SALPAC
Australian-owned private company, founded in 1990, Salpac Administration Pty Ltd (Salpac) specialises in outsourced remuneration consulting – salary packaging administration and the management of Fringe Benefits Tax (FBT).
Salpac’s management team has extensive experience managing salary packaging services for:
· FBT exempt Public Benevolent Institutions (PBI’s);
· Educational institutions and other rebatable employers
· Full FBT corporate and Government entities.
Salpac provides employers with the resources needed to ensure they are considered an employer of choice - offering employees the flexibility of taking their remuneration in the form of both cash salary and non-cash employer benefits.
For example: High value and cost efficient motor vehicle services
Motor Vehicle Acquisition – through Salpac’s comprehensive buying network, employees will have access to discounted purchase prices for new motor vehicles.
Motor Vehicle Management – includes; fuel card/s, ongoing discounted fuel and discounted labour and maintenance throughout the term of the novated lease.
Motor Vehicle Insurance – Employees have the option of providing their own insurance policy or can take advantage of Salpac’s “blanket motor vehicle” policy. This allows employees to have their monthly premiums directly paid from their salary package.
As part of the suite of salary packaging and salary sacrifice services, Salpac can provide extensions (subject to approval from employer) to include packaging of laptop computers, portable electronic devices and other approved ATO benefits.
To discuss all your salary packaging requirements, please call us between 9:00am to 5:00pm Monday to Friday AEST on 03 95252880. .
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