Sentences with phrase «offer salary sacrifice»
This is particularly helpful for individuals who are partially self - employed and partially wage and salary earners, for example contractors and individuals whose employers do not offer salary sacrifice arrangements.
https://www.ato.gov.au/ Not exact matches
Because academies are not required to honour school teachers pay and conditions the salaries offered to attract senior staff were unaffordable, this contributes to squeezed budgets and unfortunately it's the people on the lowest pay being sacrificed for a top heavy system.
A tax exempt plan can offer free shares, or salary sacrifice shares, or both.
In Australia, some employers offer an option to salary sacrifice a car purchase.
Shares may be offered as part of an employee's remuneration or bonus, or through a loan or salary sacrifice arrangement.
While many businesses have previously offered employees, salary sacrifice schemes to help meet the costs of modern necessities such as these, as well as saving tax; the wide adoption of these schemes has meant that the Government has found it increasingly difficult to track how much tax it is losing — because firms are not reporting how much both them, and their employees are saving.