Cornestone Christian College

Salary packaging is the smart way to maximise your salary by reducing your taxable income and increasing your take home pay. Same salary more money.

Salary packaging allows you to pay for items you would normally pay for in after-tax dollars, with before tax-dollars. This arrangement can reduce the amount of tax you pay and increase your take-home salary. Subject to threshold limit of 15,900 per FBT year at an FBT rebate rate of 47%

Items you can salary package

  • Novated Lease
  • Mortgage/Personal Loan/Rental expenses
  • Credit Card Repayments
  • Utilities. – water, gas, electricity, phone
  • Council Rates