How Salary Packaging Can Give Your Employees A Pay Rise

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How Salary Packaging Can Give Your Employees A Pay Rise

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How Salary Packaging Can Give Your Employees A Pay Rise

By , January 25, 2021
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Scott Iriks is the Director and CEO of Easi, one of the leading and most experienced salary packaging and novated lease providers to some of Australia’s largest government and private employers. For mid-market business owners, salary packaging is specifically important in terms of what can be done to help your employees package their salary more effectively. More importantly, Scott promotes salary packaging as an essential for employee retention and giving your employees the opportunity to maximise what you pay them.

When pitching salary packaging to small business owners, Scott provides the process as a means to give your employees a pay rise, without incurring any additional costs for the business. Essentially, salary packaging focuses on reducing the amount of tax you pay, by reducing your taxable income. Most commonly packaged is a car, offering the biggest benefit. Yet, the list of what can be salary packaged is extensive, including laptops, airport membership, superannuation, professional subscriptions, living away from home allowance, financial advice, self-education expenses and even groceries.

Scott is dedicated to the financial services industry. He accelerates knowledge, commitment and innovation in his role at  Easi, which takes pride in delivering exceptional value for both the employer and the employee. He is an Australian Credit License holder and also runs a consumer asset finance company that is contracted with major insurance providers to provide replacement vehicles and finance to cash settled customers.

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Craig West

Craig West

Managing Director | Succession Plus

Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.

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