Not For Profit Salary Packaging - Salary Packaging Eziway

As a not-for-profit organization, it's essential to make the most of your limited resources and ensure that your employees are well compensated for their work. One way to do this is through salary packaging. Eziway is a company that specializes in providing salary packaging services to not-for-profit organizations across Australia.

Salary packaging, or salary sacrifice, allows employees to set aside a portion of their pre-tax salary to pay for certain expenses. This can include things like a car, a mortgage, or even a laptop or mobile phone. By doing this, employees can save money on taxes and free up more of their salary for other expenses.

Eziway makes it easy for not-for-profit organizations to implement salary packaging. They help with the legal and administrative aspects of setting up the program, ensuring that it is compliant with all relevant laws and regulations, including the fringe benefits tax (FBT) laws. They also provide ongoing support and assistance to ensure that the program runs smoothly.

One of the major benefits of using Eziway for salary packaging is that it can help organizations attract and retain talented employees. By offering a salary packaging program, an organization can make its compensation package more competitive and appealing to potential hires. Additionally, it can help retain current employees by providing them with additional benefits.

Employees also stand to gain a lot from salary packaging. They can save money on taxes and free up more of their salary for other expenses. This can help reduce financial stress and make it easier for employees to manage their finances.

Eziway is a valuable resource for not-for-profit organizations looking to implement a salary packaging program. They provide a wide range of services, including legal and administrative support, ongoing assistance, and training to ensure that the program runs smoothly. By working with Eziway, organizations can attract and retain talented employees, stretch their resources further, and ensure that their salary packaging program is compliant with all relevant laws and regulations.

If you are looking to get the most out of your hard-earned money, salary packaging, also known as salary sacrificing, may benefit you by lowering your taxable income to pay less tax. Tax is deducted before you receive your pay and this pre-tax contribution from your income can be used to pay for living expenses and everyday items, giving you an immediate tax benefit and more money in your pocket.

Salary packaging for not-for-profit industries in Australia is one of the biggest benefits that come with the job. Not-for-profit employees are also eligible for higher-level discounts and cost exemptions that are not available to private organization sector employees.

At Eziway, we like to make things simple. Whether you are an employee who would like to maximize your income by minimizing tax, or an employer who understands the value of retaining your most valuable asset, Eziway delivers this and more...

Eziway is different. How? We were the first to provide employees with a self-service App in 2008. We are technology innovators; our purpose-built system ensures that our clients enjoy a faultless salary packaging experience. Eziway has served FBT-exempt organizations since 2007. Of our more-than 300 clients nationally, 98% of them are FBT-exempt, which means our service model is tailored to you.

Eziway has set the tempo in salary packaging for outstanding customer service and innovation for 14 years.

Our DNA: Make salary packaging easy to understand, easy to set up, and make changes easy like internet banking.

For more details visit: https://eziway.net.au/