It’s important to understand that outsourced salary packaging providers are essentially focused on specific elements of administration.

Implementing appropriate policies remains the employer’s responsibility and employers bear the cost of FBT and the ultimate risk of anything going wrong.

It depends…

In simple terms, salary packaging an exempt electric vehicle (EV) will almost certainly result in a saving, compared to the employee leasing or financing a car directly. Salary packaging effectively enables a tax deduction for the lease costs, charging, repairs, maintenance and insurance costs. That’s likely to add up to a significant amount.