Save On Your Mortgage Interest
You can salary package the interest you pay on your mortgage for the house you live in, in a remote area.
If you qualify for the remote area housing benefit, only 50% of the interest paid on your mortgage (not principal) is used in calculating the limit.
The home must be where you are living and not an investment property.
Package Requirements
50% of your mortgage interest payments will be added to your package for the fringe benefits tax (FBT) year.
