Salary Packaging

Stax Advisors is an umbrella of financial services under one roof. We believe in providing end-to-end and 360-degree complete guidance for financial planning.

Stax Advisors offer salary packaging services to help employees deduct their taxable amount. Salary packaging is an ATO-approved process of saving taxes on your salary which usually takes anywhere around 10%-20% of the amount. Mostly, before the amount gets credited to your bank account, the taxes get deducted and the net amount is transferred to your account. But using salary packaging, the employer transfers the original salary amount to your bank account and you can pay for selected expenses before the tax is deducted. This way your taxable income gets reduced and you get to spend on the things you want as a priority.

The benefits of salary packing are tax benefits, easy claiming, flexible packaging options, and most importantly helping you save for the necessary expenses. Considering the industry and your employer, you can package utility bills, mortgage or rent dues, car payments, device costs, etc. Fixing these expenses before tax redemption can help you cut down on the taxes easily. We at Stax Advisors make the process of salary packaging hassle-free for your employees and help them leverage the maximum tax benefits.