Salary packaging savings boosted by electric vehicle rule changes

Salary packaging to save money is experiencing a renaissance as government policies around electric vehicles push extra cash into peoples’ pockets.

It has also benefited from growing interest in superannuation and the savings available from using pre-tax pay strategies to get richer.

People on high marginal tax rates pocket the biggest savings, which means the stage three tax cuts from July 1 will reduce some of their benefits because the 30c in the dollar…

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