Not-for-Profit Organisations
26 Nov 12
Salary Packaging – Not-for-profit
Many not-for-profit organizations that struggle for funding and rely heavily on salary packaging to remunerate their employees at a level anywhere close to the commercial sector can continue to use such strategies.
Meal entertainment is commonly use as a packaging benefit, but now they can also consider offering venue hire and holiday accommodations as further benefit where this is not already in place.
Cars remain as another very attractive salary packaging option in all sectors.
The Government also confirmed that salary packaging of donations to deductible gift recipients will be exempt from FBT effective from the 2008-09 FBT year.
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