Community Salary Packaging – Outsourced Service
You are able to salary package your residential home loan repayments.
IMPORTANT: You cannot salary package an investment property or business loan. If you currently hold an investment loan you would typically be claiming the loan interest charges as a tax deduction in you personal income tax return. The reason why you would not be able to salary package the loan repayments is due to you being in a position whereby you are “double dipping” and benefiting from the tax saving twice.