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Originally Posted by arun
My company allows sal sac for QF membership. They do not care if it is a lifetime m'ship and I do not think it is an issue anyway. For example, though on a laptop, you can not claim everything in one year through your tax return (you have to depreciate it), if you salary sacrifice, you can sal sac the full amount in the same year. I think QF m'ship will work the same way.
Another advantage to sal sac, in addition to GST and pre-tax deduction is that you can sal sac over a period upto June 30th. For ex, if you buy the m'ship in July 2005, you sal sac over 12 months up to June 30th. It gives a good cashflow advantage as well.
Arun
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I think we are getting off topic here but well... never mind. I certainly hope Singapore Airlines will offer paid lifetime membership if someone tells them it's gonna be lucrative for their business.
Sal sac over 12 mths is I think up to the company involved. There is no third party company involved here unless your company engages another company to handle your Sal Sac arrangements.