Salary Sacrifice (to other benefit)
Salary Sacrifice (to other benefit) is applicable when you have established an effective salary sacrifice arrangement and the Payee requests to forego part (either percentage or dollar value) or all of their salary or wages for other approved items such as a novated lease (Fringe Benefit) or a portable electronic device (Exempt Benefit). Please visit the ATO's Website to learn more about the requirements for an effective salary sacrifice arrangement and the types of benefits that can be included.
Payments with this Deduction use the $ (or % of Rate Per Hour) set within the Deduction and Leave Entitlements are not applicable. These payments are considered W1 (Total of Salary, Wages & other payments) and Taxable, however they are not OTE (SGAA).