workplace benefits with ease

Salary Packaging Employee Benefits

  • car1

    Your pay goes further

    Pay for everyday items using pre-tax dollars
  • savemoney

    Reduce your taxable income

    Spending pre-tax dollars lowers your tax
  • checkoff3

    Convenient access to money

    Access pre-tax money using our payment card
  • checkoff3

    Visibility and control in your palm

    Manage your account from our App
Salary Packaging Employee Benefits

Salary Packaging

is a great way to be rewarded for all the hard work and commitment you display your employer. Simply put the benefits are easily understood - reduce the tax you pay legally, get a pay rise without asking and do more with your money.
Salary Packaging is an arrangement between an employer and an employee, where the employee agrees to forgo part of their future entitlement to salary or wages. There is no restriction on the types of benefits you can sacrifice. The important thing is that these benefits form part of your remuneration. They replace what otherwise could have been paid as salary.
The types of benefits generally provided in salary sacrifice arrangements by employers include: fringe benefits, exempt benefits, and super.
Common fringe benefits include:
  • Cars
  • Property (including goods, real property such as land and buildings, and shares or bonds)
  • Expense Payments (such as the payment of your loan repayments, school fees, child care costs and home phone costs).
A number of benefits are exempt from fringe benefits tax (FBT) including:
  • A portable electronic device
  • An item of computer software
  • Remote area benefits

Salary Sacrifice Super

contributions under an effective Salary Sacrifice arrangement are considered to be employer contributions. These are not fringe benefits when paid for an employee to a complying super fund.
However, super contributions made for the benefit of an associate, such as your spouse, are a fringe benefit. Similarly, contributions paid to a non-complying super fund will be a fringe benefit.