Fly-In, Fly-Out Salary Packaging
What is Fly-In, Fly-Out Salary Packaging?
Fly-in Fly-out (commonly known as FIFO) is a method of employing people in remote areas by flying them temporarily to the work site (or point of hire) instead of relocating employees and their families on a permanent basis.
Salary Packaging enables you to pay for your flights and any incidental accommodation using your pre-tax income. This results in a lower taxable income, so that you'll pay less tax, meaning you'll have more money in your pocket than if you pay for your flights using post-tax funds.
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