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How to make your salary boost your savings

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Johannesburg – If you're an employee, you are allowed to structure your salary package in a way that meets your personal needs, according to an expert.

According to Tanya Tosen, tax and benefit specialist at Remuneration Consultants South Africa, employees can ensure that unwanted benefits and allowances are not deducted from their salaries.

The Supreme Court of Appeal in 2015 ruled that it is legal to structure remuneration and allow a salary sacrifice, provided that there is documentation to prove the package structure agreement between an employer and an employee.

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