Salary Packaging tips for employers

Let’s face it. Finding good staff is difficult. Keeping them can be even harder.

You need to find ways to stand out from the crowd, especially with many of the best people—across all industries—seeing the mining industry as their ‘golden goose’.

As an employer there are smart ways you can put together a salary package that will attract and help keep quality staff.

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FBT tax traps

Fringe Benefits Tax (FBT) is a tax paid by employers for private expenses or items given to employees.

So if an employee gets something major like a holiday or even something minor such as Docker’s tickets paid for by their employer, then the employer is up for FBT.

There are some common FBT misconceptions and traps that trip employers up.

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