Salary Packaging

Utility Expenses Utility Expenses

Include your gas, electricity and telephone bills in your salary package up-to your threshold limit (capped) for your Industry Sector per fringe benefits tax (FBT) year. You may not have to pay GST for this benefit.

Package Requirements

  • Household Rates and Utility expenses can form part or your entire threshold amount for General Expenses per fringe benefits tax (FBT) year.
  • Expenses claimed elsewhere cannot typically be included in a salary package. Example: rental property expenses, claimed as a tax deduction on your tax return.

NOTE - 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 Utility Expenses, the amount you would like to package and your preferred packaging / payment option.

The amount specified can be an estimate of future expenses, as any unclaimed deductions remaining at the end of your package will be returned to you via your payroll (subject to income tax).

Substantiation

Utility Expenses Pack Facts

Utility Expenses FAQs