Salary Packaging Q&A – Can an employee salary package low-value expenditures and claim the minor benefits exemption?
One of our employees has queried whether she can salary package a range of less than $300 in expenditures and claim the minor benefits exemption, meaning there would be no FBT payable and it would be therefore be very tax effective for her. Is this possible?
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Disclaimer: This article is based upon information available as at the time of publishing and may be subject to change.