Salary Sacrifice To Reduce Child Support

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Child Support & Salary Packaging - Salary Packaging Cards

    http://www.salarypackagingcards.com.au/index.php/child-support-salary-packaging/
    Before entering into a salary packaging arrangement Bob’s adjusted taxable income used in determining his child support obligations was based on an annual income of $50,000.00 After salary packaging Bob’s adjusted taxable income has increased to $64,101.

Child support and Salary Sacrificing - Lifestyle

    https://forums.whirlpool.net.au/archive/2550126
    Oct 01, 2016 · It used to be the case that salary sacrificing into super would reduce your salary. And the CSA would use that reduced salary to work out support payments. But they changed that a few years ago, and now salary sacrificed amounts are included.

Child-support cheats targeted - SMH.com.au

    https://www.smh.com.au/national/childsupport-cheats-targeted-20080623-2vkz.html
    The new measures also mean parents will no longer be able to minimise their child-support liability through salary sacrifice. Parents will still be able to salary-sacrifice their superannuation ...

What is a salary sacrifice scheme? - Money Advice Service

    https://www.moneyadviceservice.org.uk/en/articles/salary-sacrifice-schemes
    Salary sacrifice is when you agree to exchange part of your salary so you can get extra benefits from your employer. Benefits offered can include child care vouchers, a company car and additional pension contributions.

Child Support & Salary Packaging – Community Salary Packaging

    http://www.communitysalarypackaging.com.au/child-support-salary-packaging/
    After salary packaging Bob’s adjusted taxable income has increased to $64,101. This may mean that Bob’s Child maintenance payments will have increased as a result of Salary Packaging. It is important that you speak to the Child Support Agency to see how this impacts your individual payment amounts.

Salary sacrifice — how to do it and whether you should ...

    https://www.ft.com/content/7941c1e6-f03d-11e5-aff5-19b4e253664a
    Mar 23, 2016 · For middle-earning parents, salary sacrifice can also help them retain child benefit. Since the introduction of the high income child benefit tax charge (HICBC) in 2013, households with one income...Location: Tax-saving scheme reprieved in the Budget

Salary sacrifice for employers - GOV.UK

    https://www.gov.uk/guidance/salary-sacrifice-and-the-effects-on-paye
    Jun 12, 2014 · A salary sacrifice arrangement is an agreement to reduce an employee’s entitlement to cash pay, usually in return for a non-cash benefit. As an employer, you can set up a salary sacrifice arrangement by changing the terms of your employee’s employment contract. Your employee needs to agree to this change.



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