Everyone wants to give their children the best education possible - so, why not salary package their school tuition fees? You could pay for the cost of your children's education with pre-tax dollars, reducing your taxable income in the process and potentially could have more disposable income for other things.
Who can package this?
You could salary package school tuition fees if you work for a:
- private or public not-for-profit hospital
- charity or other not-for-profit organisation
- private school, club, association or religious institution
and your employer offers this as part of your workplace benefits program. Contact your employer to find out if this benefit is available to you.
What exactly can I package?
You could salary package school fees for your children.
Things you need to know: The above information is not intended to constitute taxation or financial product advice. Your benefits and savings will vary depending on your personal objectives, financial situation and needs. We recommend you obtain independent financial or taxation advice before making any financial decisions.
Eligibility criteria and terms and conditions apply. All salary packaging proposals are subject to the requirements of your employer. Administration fees will apply. The actual administration fee that applies to you may vary depending on your employer. ITCs (Input Tax Credits or refund on GST) are excluded. RemServ may pay and receive commission or rebates in connection with some services and products it provides or arranges to be provided by third parties.