Money set aside by your employer for retirement.
$30,000 concessional remaining ($30,000 cap)
Lease a car through your employer. Eligible EVs are FBT exempt.
Non-cash benefits provided by your employer. They may be in addition to your wage or in exchange for part of it through salary packaging.
Reportable Fringe Benefits Amount
Used in Adjusted Taxable Income (ATI) for Government benefits and student loan repayments.
Non-residents and Working Holiday Makers have different tax rates.
Medicare is a 2% levy on taxable income.
Claim deductions to reduce taxable income. Other sources of income will increase your tax liabilities.