Entertainment Card - Beyond Bank
You are entitled to salary package Entertainment expenses up to a maximum capped amount of $2650 per FBT year, over and above the General Expense threshold limit for your industry sector using your Beyond Bank Entertainment Card.
Remunerator has partnered with Beyond Bank Australia (Beyond Bank) Salary Packaging Card to provide our customers with Salary Packaging cards. Beyond Bank offers a Salary Packaging Visa card for everyday purchases as well as a Meal and Entertainment Visa card for dining out or holiday accommodation.
Your new Beyond Bank Salary Packaging Card allows you to make purchases with your pre-tax salary. So there is no more waiting for reimbursements to come through. This makes it even easier for you to save money!
Important Note - The Entertainment benefit is reportable. This means that the dollar value paid toward these benefits in an FBT year will be reported on your PAYG summary and may affect your obligations including HECS, Child Care Payments etc.
Why consider using the Beyond Bank Entertainment Card?
This Entertainment General Expense card is useful for paying your entertainment expenses up to $2650, separately from your usual general expenses.
Your nominated deduction up to the threshold (capped) limit can be paid onto the card each pay period. The card may then be used to make payments anywhere that Visa Card is accepted for Entertainment (Meal) expenses.
Any balance on your card at the end of the Fringe Benefit Tax (FBT) year will be paid back to you via payroll and taxed at the appropriate rate of PAYG.
Process and Payment Options
1. Apply online to set up a package with Remunerator. Select your Industry (Charity or PBI hospital only).
2. Select Meal Entertainement Card with Beyond Bank and the amount you would like to package.
3. Remunerator will shortly be in touch with you to finalise your request!