Salary sacrifice

Salary sacrifice provides opportunities to employees for their retirement and taxation planning. However, there are a number of complexities, which employees should consider as part of their decision-making, and obtaining independent financial advice prior to commencing salary sacrifice is recommended.

Salary sacrifice allows members to direct before tax salary into their accumulation account. The Territory financed benefit will not alter as the salary used to calculate final NTGPASS benefit will not be affected (that is, the benefit salary stays the same).

For more information about salary sacrificing into superannuation, please contact the Salary Packaging unit in the Department of Corporate and Digital Development on 08 8999 4481 or by emailing salarypackaging.services@nt.gov.au.


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