“Providing 13.3 million Australian workers with a permanent $250 per year tax cut through the working Australian tax offset”
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Said on Australian Parliament: House of Representatives
She's On The Money · The Perks of Working In Public Service: Salary Packaging
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set a cap of $15,900 for general living expenses per fringe benefits tax year for not-for-profit workers
$15,900
“Providing 13.3 million Australian workers with a permanent $250 per year tax cut through the working Australian tax offset”
“Your cap is slightly different and is calculated on a grossed-up value of $17,000, which translates roughly to $9,010 in actual expenses you can package per year.”
“Take 15% of his income out, approximately $15,000 out of the equation per year, and we’re going to live on that.”
“In general, the market does about 4% worse per percent of market cap that comes in in an IPO in a given year.”
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