Your employer is a School or Rebatable Organisation i.e. scientific institution, trade union or employer association

Salary packaging involves sacrificing part of your gross salary to receive other non-cash benefits. Those benefits attract varying rates of FBT, and some benefits are even FBT exempt.

There is no PAYG tax payable on the amount sacrificed, which reduces your taxable income.

As an employee of an educational institution or other rebatable employer, the first $16,050 worth of benefits you receive attracts FBT at a reduced rate.

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