Salary sacrificing is a term that many of us have heard, but what does it actually mean and how can we benefit from its use? In our animation, we consider the tax-effective and wealth accumulation benefits of entering into a salary sacrifice
Receiving cash for work you do
Your employer may pay your wages to you in cash (or with a cash cheque), rather than into your bank account. Paying wages in cash is legal and may be more convenient. Some businesses deliberately use cash transactions to avoid meeting their tax and
Excessive Annual Leave
Employers have long-struggled to manage excessive annual leave accruals. These latest changes mean 'excessive' annual leave accruals - defined as more than 8 weeks for most employees and 10 weeks for shiftworkers - can now be tackled head
The ATO is making headlines
The Australian Taxation Office and other government bodies are scrupulously pursuing taxpayers. The media is keeping abreast of the increased audit activity that has been incurred as a result. Despite honest and thorough declarations, taxpayers
- << Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- 10
- Next Page >>