The Institute for Eye Research was granted Fringe Benefit Tax Exemption status effective 1 April 2002 by the Australian Taxation Office.  The Institute has decided to pass on the full benefit of this ruling to its employees.

Our salary packaging programme is directing pre-tax income towards items such as novated leases, superannuation and mortgage repayments, thereby reducing employees' PAYG tax and increasing their disposable income.  A meal entertainment programme, in addition to salary packaging, is also offered to employees.  This allows pre-tax dollars to be used for the payment of food and beverages.