Live remotely? You could save by salary packaging
You could salary package some living expenses – including rent, mortgage and utilities – and pay for them before you pay income tax, if you live and work in an approved remote area.
Salary packaging in short
Some call it ‘salary sacrificing’, but it’s not as scary as it sounds.
How the tax bit works
Normally tax is taken from your salary before you spend it. You then pay all your bills and expenses and if you’re lucky, the rest might go to savings.
But with RemServ’s remote area benefit, your employer still pays you the same wage, but by paying for certain items with pre-tax dollars you could pay less tax overall, and stretch your salary further.
This website contains general information and doesn't take your personal circumstances into account. Seek professional independent advice before making a decision.