All your airport lounge membership fees can be packaged. You are entitled to join an unlimited number of airline lounges, of your choice. You may not have to pay GST for this benefit.
Important Note:
Items that are salary packaged, such as Airport Lounge Memberships cannot be claimed as an income deduction as well.
Package Requirements
Airport Lounge Memberships are exempt from Fringe Benefits Tax (FBT)
In addition, you may not have to pay GST for this benefit. Where GST is payable for the service, your employer is able to claim an Input tax Credit (ITC) – GST refund. This ITC may then be passed back to you, the employee.
Process and Payment Options
Select Airport Lounge Memebership , the amount you would like to package and your preferred packaging / payment option.
Airport Lounge Membership Pack Facts
Input Tax Credits (ITC's)
By salary packaging, you can effectively save on GST.
When you package a benefit that attracts GST, your employer will receive a credit for the GST paid from the Australian Tax Office (ATO). This credit is referred to as an Input Tax Credit (ITC). After receiving the ITC, your employer will pass back the ITC to you through your salary package.
The full amount will be paid for the benefit, however the amount less GST will be charged to your package.
ITC’s can be passed back for most items where GST is payable such as:
Most Work Related expenses eg
Briefcases
iPad / Tablet / Laptop / Notebook Computers
Professional Subscriptions
Motor Vehicle expenses eg
Motor Vehicle Leases
Petrol and Repairs
Utilities eg
Electricity/Gas/Telephone
And many more
House Insurance
Public Transport
Other General Expenses
Even your Remunerator fees!
You can track the ITC’s passed back by your Employer with your Remunerator Employee Statement.
Input Tax Credits (ITC's)
Income Related Expenses
You can achieve significant savings from Salary Packaging Income Related Expenses.
Income Related Expenses are generally incurred while performing your job. For example, you may be able to claim your Telephone Rental if you can prove you are ‘on call’ or are required to contact clients when you are away from the workplace.
An Income Related Expense would not be the cost of normal travel to and from work, or buying lunch as these are private expenses.
Income Related Expenses may include:
Self Education or Professional Expenses
Financial Consulting
Investment Loan Interest
Home Office Expenses
Work Related Travel Expenses
Professional Subscriptions and Memberships
Income Protection Insurance
Professional Indemnity Insurance
(Please refer to your Employers Salary Packaging Agreement for a full list of expenses you are entitled to package).
Claiming a Work Related Expense:
To claim a Work Related Expense, there are some things you need to consider:
a. You must have incurred the expense in course of earning your assessable income (salary)
b. You must substantiate your claims with receipts or proof of purchase
Download Income Related Expenses Pack Fact for further details and working example.
Income Related Expenses
Airport Lounge Membership FAQs
1. Can I separately claim any part of the packaged benefits on my personal income tax return?
No, you cannot receive a tax benefit twice. If you package a benefit through your employer you are immediately prevented from claiming it again privately.
The salary packaging programme brings forward any potential tax savings/claims that you may have had at the end of the financial year (June 30 each year).
Airport Lounge Membership