smartsalary

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Save on parking fees

Avoid the rangers, the tickets and the meters – package the cost of parking in an approved parking station and you can save money and hassle.

How it works

Once you’ve applied with Smartsalary:

  • make an agreement with a parking station to pay for a space on a regular basis
  • tell us how much that space will cost you.

Then we’ll let your employer know to set aside that amount from your pre-tax pay. We’ll then use those pre-tax dollars to pay your parking fees directly to the parking station.

What you need to know 

  • You can’t pay for parking day to day. You need to make an arrangement to park at the station on a regular basis – and make regular ongoing payments – kind of like a lease.
  • Once you tell us to start paying for the space, we’ll keep paying for it until you tell us to stop.
  • You can only park at a station that’s been pre-approved by your employer – we’ll let you know which ones they are.

Car parking costs attract FBT, but only a portion of the item value will be taxed – and if you normally pay for your parking anyway you’ll most likely still save when you package the cost.

Get started

Register now to learn more.

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