28 April 2013

By salary packaging fixed expenses, employees could save on day-to-day expenses. 

Fixed expenses are any payment that is ongoing and the same amount each time and can include but are not limited to:

  • Mortgage repayments
  • Rental payments
  • School fees
  • Loan repayments
  • Rates
  • Phone bills
  • Strata fees

Employees that work for the following organizations could salary package these expenses:

  • Charities
  • Not for profit organizations
  • Public or private not for profit hospitals

Employees should contact their employer to see if this is included in their workplace benefits scheme.