Benefit by Salary Packaging

If you work for a Private or Public listed organisation or a Government Department or Agency, then read on!

There are a range of approved Non Cash Benefits (NCB’s) that you can salary package from your pre-tax salary that can result in substantial taxation savings and cash flow benefits.

 

Reportable Fringe Benefits

The following items can be packaged as part of your $17,667 cap. 

  • Mortgage Repayments
  • Private Home Rental
  • Meal and Entertainment expenses (Separate cap effective from 1 April 2016)
  • Living Expenses
  • School & University Fees, etc.

Exempt benefits

The following items can be paid from your pre-tax salary and not impact your cap.

  • Work Related equipment such as Laptops, Mobiles & Electronic Devices
  • Superannuation Contributions
  • Airport Lounge Membership
  • Professional Journal & Body Costs
  • Remote Area Housing

Concessional benefits 

 

The following car leasing programs can be tailored to suit your circumstances and can be part of your cap or in addition to it.

  • Novated Motor Car Lease
  • Associate Motor Car Lease

You can learn more about our Car Lease products by clicking here.

To get more information on any of the above, contact our office on 03 5229 4200 or complete the following enquiry form.

Click here to go to our Frequently Asked Questions page specific to your employer type.

 

Using the example of Janet, who is a Nurse with a large regional hospital and has a salary package is $60,000 per annum before Super. 

Her take home pay was $1,840 every fortnight before she paid the rent on her unit, which is $346 every fortnight. Therefore after she paid her rent, she had $1,494 left.

We set up her salary package to pay her rent from her pre-tax salary by using her available cap. Her take home pay after her rent was paid went to $1,610 every fortnight.

Effectively this meant that her pay increased by $116 every fortnight, which equates to an extra $3,016 per year.

 

 

Contact us and we’ll set you up to benefit in the same way.