If you enter into a salary-sacrifice arrangement, your income tax liability should decrease compared to not entering into the agreement.
However, before committing into any arrangement, it’s crucial to consider some associated costs. These costs may include the opportunity cost of the amount being sacrificed as well as any surcharges that may arise when the benefits are reported on your payment summary.
Note: This information is for general guidance only and may not suit your individual circumstances. Please consult a qualified professional before taking action.
