Whether you are an employer or an employee, we can assist in making sure that your remuneration arrangements are effective.
Remuneration is one of the most important costs paid by an employer, but also represents one of the greatest areas of risk.
We understand remuneration arrangements, and can make sure that all risk issues are satisfactorily addressed and that your employer obligations are complied with. Areas that we can assist with include:
Advising on salary packaging effectiveness, implementation and risk areas.
Making sense of the exemptions and concessions available for not-for-profit employers.
Reviewing remuneration arrangements of staff.
Advising on termination payments.
Ensuring that salary packaging arrangements comply with fringe benefits tax (FBT) and income tax laws.
Making sure that FBT, PAYG withholding tax, superannuation, payroll tax and WorkCover responsibilities are complied with.
Recommending what corrective action is required where obligations have not been met.
If remuneration is something that is too hard to understand, you need to talk to us. Areas that we can assist with include:
Structuring your remuneration in a tax-effective manner.
Packaging and financing of an employer-provided car.
Ascertaining whether you are better off as a result of salary packaging.
Contact us if you need advice on remuneration matters.