MARCH 2010

Salary Packaging: How To Get It Right

Aytunc Tezay, Australian Salary Packaging Industry Association

Salary packaging is often thought of as a perk of working for a big company, but Aytunc Tezay of the Australian salary Packaging Industry Association says it can also work well for smaller companies wishing to hire or retain quality staff. He recommends outsourcing salary packaging to specialist firms who can develop and manage appropriate schemes, and says employees should be advised to seek their own professional advice. In most cases, there'll be no additional cost to the employer. ASPIA has been set up to develop a common approach to government and the Tax Office on salary packaging, but can also put employers in contact with outsourcing providers.