Salary Packaging

Home > Financial Focus

Salary packaging – also known as salary sacrificing or flexible renumeration
planning – allows you to structure your existing salary into a combination of
take home pay and a mix of approved benefit items. Your employer still pays
you the same amount, but by remodelling your salary package, you may gain
greater benefits from your salary.
For example, your salary package could include a car lease. Your employer
would pay the lease on you behalf using your pre-tax salary. However, as you
are now receiving less cash, you pay less tax.
To be effective the salary packaging agreement has to be made before the
employee has earned entitlement to the salary or wages. That is, it must
relate to future earnings and should only be put in place after receiving
advice from a qualified professional adviser.

Testimonials

"Securing your financial future is an important decision in everyone’s life and we wouldn’t entrust it with anyone else.  Whether you are a passive or active investor, Momentum provides experienced,..."

Matt & Kirsty, Gold Coast
See More Testimonials

Meet the Team at Momentum

David Gourley

Director / Financial Planner
Team Profiles

Newbrocom Pty Ltd (ABN 39 152 026 330) trading as Momentum Financial Planning is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee Licence number 234665.

 

DISCLAIMER | PRIVACY POLICY | FINANCIAL SERVICES GUIDE
TERMS & CONDITIONS

Momentum Financial Planning is one of a select number of businesses that has been awarded Certified Quality Advice Practice status by Charter Financial Planning. This programme sets an industry benchmark for providing high-quality financial advice. The certification is awarded based on industry qualifications, demonstrated best practise business operations and proven success in meeting the financial planning needs of clients.

© Momentum Financial Planning 2010 - 2019 All Rights Reserved :: Website by Giant Media :: ADMIN