Evaluate the impact of the Salary Sacrifice Agreement on the employees gross salary per annum under the following scenarios:

• No salary sacrifice ($150,000 Gross salary plus super)
• Salary Sacrifice Agreement as detailed above

Ignore any Low and Middle Income Tax Offset (LAMITO).

Refer to the Little Pear Group Salary Packaging Policy to learn about the FBT treatment.

i.

	No Salary Sacrifice	Salary Sacrifice
Package Value
Value of Benefits Provided		49700
FBT Payable by Employer		22806
Salary Sacrifice Amount		72506
Assessable Income	150000	77494
Income Tax Payable	42997	16732
Medicare Payable	3000	1550
Tax Offsets		1080
After tax pay	104003	58131

ii. Is this agreement beneficial to the employee? Why?

iii. Based on the Total Employment Cost, what would be the best option for the employer, gross salary plus super or the salary packaging agreement? show workings

please answer iii specially. question i. already the answer

this is all the question. same working as question i.