MAP Funds Management -
MAP Salary Packaging is a tax effective way of receiving your salary as a combination of income and benefits if you are working for a public benevolent institution.
A salary packaging arrangement is an arrangement between an employer and an employee, whereby the employee agrees to forgo part of their future entitlement to salary or wages in return for the employer providing them with benefits of a similar cost to the employer. Saralary packaing can be highly beneficial for staff employed by a public benevolent institution.
Your own personal circumstances will determine whether salary packaging will be of benefit to you. Some of the items you may wish to package attract Fringe Benefits Tax, so it is important to review your situation with a financial adviser.
MAP's salary packaging service has enabled employees to restructure their salary to suit their present lifestyle and lifecycle needs and enabled employers to be more competitive by creating employment conditions that reflect current market demand.
MAP salary packaging arrangements are administered through Remuneration Services (Qld) Pty Limited, a Queensland based, market leader in the provision of salary packaging services.
For further information about MAP Salary Packaging visit our website at http://www.mapfunds.com.au
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