Pay Package Question:

Download Job Interview Questions and Answers PDF

Why you need salary package?

Salary Package Interview Question
Salary Package Interview Question

Answer:

When you need salary package, each payday your employer will send Salary Options your scheduled benefit amount in pretax dollars. Your remaining income is processed as normal through your payroll and will be subject to PAYG tax. By salary packaging you effectively reduce your taxable income, pay less tax and in many cases have a higher amount of money in your pocket each pay period.

Download Salary Package Interview Questions And Answers PDF

Previous QuestionNext Question
What is salary packaging?How does salary packaging work?