Article

Salary Packaging Q&A ‘ Income protection and life insurance policy costs

If an organisation is planning to allow salary sacrificing for employees in regards to their income protection insurance and life insurance policy costs – will this result in a fringe benefit tax liability or is there a specific exemption that applies?

Subscribers Only! Click here to become a member of TaxEd.

Disclaimer: Information provided in this article, while correct at time of publishing, is subject to change.