Buying and managing items
Buying most items really is easy.
- We source the item you wish to package – or you can buy it yourself.
- We arrange for the amount you’ve paid out of your after-tax salary to be refunded to you out of your pre-tax salary – reducing your income tax, and increasing your take home pay.
Understanding Refunds
You might be wondering how refunds work - that’s where we come in. Behind the scenes, we handle all the paperwork and refunding so that you pay less tax. This means that you end up taking home more than you would if you had purchased the item without salary packaging.
If you’re wondering what else we do that’s invisible to you – check out The Payment Process.
Ongoing Payments
These are a little different – the process doesn’t work exactly the same way when it’s an ongoing payment like superannuation.
We keep our eye on these types of items for you, for as long as you are packaging them. It works like this:
Say you arrange to salary package your superannuation. Once you tell us about it, we’ll let your employer know to automatically set aside your nominated amount of pre-tax dollars on a regular basis, and then we make sure that money gets paid to the right fund.
This means every time you get paid, the regular superannuation payment goes from your pre-tax salary straight to your superannuation provider.
To find out the details of how to buy and manage items, have a look at What can I package?.