4 September 2020

If you’re employed by a hospital that is an FBT exempt employer (for example a NSW Health hospital) you can save thousands of dollars in tax by sacrificing part of your annual salary towards benefits such as rent or mortgage repayments and meal entertainment.

Westpac have introduced a card specifically for the meal entertainment benefit that can easily align with your salary package and expenses.

Our top tips to help kick start your journey to financial security (1 minute video).

To develop sound finances, you must first have a solid beginning.

If you’re working in a public, private or not-for-profit hospital and you’re currently not salary packaging, you’re probably missing out on a lot of tax savings. Now that you’re working full-time and earning a larger salary, it is important to be aware of all your options.