Salary Sacrifice

Salary Sacrifices are an important means for employees to receive their income and benefits in a manner that is tax-effective.

An important aspect of tax-effective salary sacrifice is an employee to take a portion of an employee’s salary in the form of concessional tax benefits, instead of receiving a fully assessable salary. The procedure is known as 'Salary Sacrifice' because the employee sacrifices a portion of the salary in return for the desired benefit.

Focus Taxation can aid both an employer and its employee in taking into account Salary Sacrifices to ensure a higher return on their tax.