Employer Benefits

Offering Salary Packaging services to your employees is one of the most effective ways employers can position themselves as an “employer of choice”. Salary Packaging when offered to employees can be used to reward, attract and retain valued staff.

Salary Packaging can potentially increases an employees’ take home salaries by reducing their taxable income.

How? It’s easy.

  1. Employees allocate an amount of their pre-tax salary to Salary Packaging items each payday.
  2. Income tax then only applies to the balance of their pay remaining after these deductions.
  3. Therefore, employees can pay less in tax and keep more in their back pockets!, whilst paying for the items they had to pay for anyway in tax free salary.

What can your employees package?

The most common benefit that an employees of any organisation can salary package are items that are concessionally treated for FBT or totally FBT exempt, including:

  • Motor vehicles (Novated and Associate Leasing) incorporating all vehicle expenses and running costs
  • Additional Superannuation contributions
  • Professional memberships and subscriptions
  • Expenses related to employees’ home offices
  • Laptops and mobile personal computer devices (Must be primarily used for work purposes)
  • Airline lounge benefits
  • Fees paid for financial advice
  • In house benefits such as in house gyms, parking  and childcare services
  • Income protection insurance premiums
  • Self-education expenses (work related)

Charities, Public Benevolent Institutions and Hospitals

Employees who work for a Charity, Public Benevolent Institutions or Hospitals are able to salary package items including:

  • Mortgage
  • Rent
  • Personal Credit Card repayments
  • Salary Packaging Cards (Threshold and Meal Entertainment)
  • Meal Entertainment
  • Accommodation and Venue Hire