Were you offered your dream job but it means relocating? If your employer requires you to live in a particular area, you could salary package a range of your moving expenses, whether you rent or buy.
Need to move home for your job? You could salary package your relocation expenses if your employer requires you to move for work purposes. This applies regardless of whether you buy or rent – and it could help save you money on your move.
What exactly can I package?
You could salary package a range of expenses when you buy a new house, including:
- stamp duty
- legal fees
- agent commission
- borrowing expenses.
You could also salary package the cost of storage and removal of household items and the cost of connecting your utilities, such as electricity, gas and telephone to your new home.
If you’re renting, you could salary package the cost of temporary rental accommodation for both your family at your former home and yourself in your new location.
Note: although this benefit is Fringe Benefits Tax (FBT) exempt, some rules apply.