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  1. #11
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    Quote Originally Posted by Addison View Post
    I work in not for profit, so we get some pretty good salary packaging options compared to most others.
    Thanks Addison! Your Employer sounds pretty flexible. I am wondering if it is a matter of the Employer being willing to offer or not. Essentially you could pay a nanny from your credit card anyways? Didn't realise that was an option so thankyou again. Do you sacrifice anything else?

  2. #12
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    Sorry Addison just re read your OP

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    Quote Originally Posted by SugarplumMummy View Post
    So when you say able to does that mean something prevents the organisation for being able to sacrifice or it is just not standard practise?
    It's not standard practice. I don't know the reasons behind it but I think many organizations just like to keep it simple with a higher base salary + super. I think it may have something to do with FBT which would be a huge cost to the employer so that would definitely prevent them from being able to offer it too.

  4. #14
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    I'm almost certain you can only salary sacrifice childcare if the facility is located at your work premises. And you wouldn't get CCR (not sure about CCB).

    So wouldn't apply to a nanny.

  5. #15
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    Quote Originally Posted by kw123 View Post
    It's not standard practice. I don't know the reasons behind it but I think many organizations just like to keep it simple with a higher base salary + super. I think it may have something to do with FBT which would be a huge cost to the employer so that would definitely prevent them from being able to offer it too.
    It's usually more cost efficient for the employer to just pay you more because the FBT liability is based on the highest tax rate.

  6. #16
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    So the FBT would I be liable for anything in regards to this?

  7. #17
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    No the employer would wear the liability if they don't have the exemption (this is why the private sector rarely offer it).
    Would your employer have the exemption?

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    I can salary sacrifice many things. Childcare, cars, super, laptops. Unless you're on 100k plus, I don't know how beneficial it would be.

    ImageUploadedByTapatalk1376126729.275339.jpg

  9. #19
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    http://www.smartsalary.com.au/childcare.aspx

  10. #20
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    Depends on your industry. I work for a charitable institution which means I can salary package any bills up to ~$15000 a year (actually $30000 but minus FBT). I do similar to PP and get ~$615/fn pretax on my credit card but could use for childcare. We can also put extra on top on cards to only be used at restaurants and another for hotels (I think another $10000 pretax, I do less than this). My salary is slightly less than if I did the same job elsewhere but it works out better due to tax reductions. And super too.

    Sent from my GT-I9100T using The Bub Hub mobile app


 

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