what is SALARY PACKAGING
Salary packaging, also known as salary sacrifice, allows you to allocate pre-tax earnings towards various expenses, resulting in tax savings and increased spending power. This financial strategy lets independent contractors like you maximise your earnings while enjoying a range of benefits.
Why SALARY PACKAGING?
Top 3 Benefits of Salary Packaging for Casual, Independent or Travelling Professionals
TAILORED FLEXIBILITY
Customise your salary packaging to include expenses like car costs, and more, perfectly suited to your needs.
SIGNIFICANT TAX SAVINGS
Keep more of your hard-earned money by lowering your taxable income, reducing your tax bill, and enjoying greater financial rewards.
BOOSTED SPENDING POWER
Direct more of your pre-tax income towards essential and personal expenses, giving you greater financial freedom.
ELigible Expenses
Popular Salary Packaging Choices
ASSOCIATE CAR LEASE
Pay for all the car expenses using an associate lease on your existing car. You won’t need a new car to get the benefits.
INCOME PROTECTION EXPENSES
Use pre-tax income to pay for insurance premiums.
NOVATED CAR LEASE
Package car costs and save on vehicle expenses.
EDUCATION EXPENSES
Allocate pre-tax income towards education fees to save on schooling or courses.
HOME OFFICE EXPENSES
Allocate pre-tax income towards eligible costs like internet, electricity, and office equipment.
TRAVEL & ACCOMODATION
Fund work-related travel and accommodation with pre-tax income, reducing taxable earnings.
CONTRACTING WORK EXPENSES
Cover items you incur in contracting, such as professional membership fees, your website, insurance and utility bills.
LIVING AWAY FROM HOME ALLOWANCE (LAHFA)
ATO-approved tax-free payments for travelling professionals, such as locums and nurses, to offset additional expenses incurred while temporarily residing away from their usual home.
Why Choose SDP?
We specialise in salary packaging for casual workers, independent contractors and travelling professionals, such as locums and nurses, ensuring you maximise income with minimal effort. With 20+ years of expertise, we provide accurate, up-to-date advice on salary packaging and Fringe Benefits Tax (FBT) in Australia.
1000s OF CONTRACTORS TRUST SDP WITH THEIR FINANCIAL SUCCESS
SDP Solutions provide effective contractor solutions to all contractors, whether you are an Australian, permanent resident or a working visa professional. SDP Solutions take care of all the paperwork and legalities while you can focus on doing what you do best. Our management fee for our contractor solutions is among the lowest in the industry so you can be sure you are getting the best value.
SDP Solutions exist to make contractors happy, we offer added value services like no other – with exclusive access to over 4,500 benefits. In addition to discounted rates on new car purchases, car financing and car packaging plus much more. We know how to keep you smiling – at SDP we heart contractors.
” SDP are everything I need in a contractor management company; professional, supportive, great knowledge of legal and taxation impact, smooth insurance cover and flexibility. I cannot recommend them enough.”
