Government
Salary package everyday items to save on tax and increase your take-home pay
Salary package everyday items to save on tax and increase your take-home pay
Salary packaging (also known as salary sacrificing) is approved by the ATO for government employees, and lets you use your pre-tax salary to pay for certain items. This could lower your taxable income, reduce the tax you pay, and increase your take-home pay.
The things you can package depend on what your employer chooses to offer under their salary packaging program.
Below are popular benefits. To see what your employer offers and how much you could save, use our salary packaging calculator.
Novated leasing is one of the easiest and most cost-effective ways to buy and run a car. In fact, you could save thousands over the lifetime of your lease.
If you use your laptop mainly for work purposes you may be able to salary package the cost and save up to 45% on the purchase price.1
What you can salary package and how much you can save depends on your employer. Use our salary packaging calculator now to find out how much you can save.
If you use a financial planner or a tax advisor, you could salary package the fees and save.
There are lots of items you can package to help you save on work-related expenses.
Studying so that you can get ahead in your job? Salary package the costs and you could save.
If you have income protection insurance, , you may be eligible to package this benefit.
You can use your pre-tax dollars to pay for the cost of childcare at approved childcare centres.
Whether you travel for work or personal reasons you can salary package your airline lounge membership.
In addition to the salary packaging savings available to you, as a Smartsalary customer, you can also access a great range of rewards.
Important information:
This is general information only. Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and, seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply.
1 A portable electronic device can only be salary packaged if it is used primarily (over 50%) for work purposes. Tax savings achieved through salary packaging will depend on your income tax bracket and personal circumstances.
2 Savings example is for illustrative purposes only and is based on the income tax rates for the 2024/25 financial year. Your actual savings will depend on your income tax bracket, the GST processing method nominated by your employer, administration fees payable under your employer’s salary packaging plan and your personal circumstances.
3 Based on the following assumptions: living in NSW 2560, salary: $70,000 gross p.a., travelling 15,000 kms p.a., lease term: 60 months, using Net GST processing method and Employee Contribution Method for FBT purposes. Images shown may not be the exact car that the calculations have been based on. All figures quoted include budgets for finance, fuel, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance and re-registration over the period of the lease. Your actual savings will depend on your income tax bracket, the GST processing method nominated by your employer, administration fees payable under your employer’s salary packaging plan, the negotiated Smartleasing discount on your chosen vehicle and your personal circumstances. Vehicle residual, as set by Australian Taxation Office, payable at the end of lease term. The exact residual amount will be specified in your vehicle quote. Vehicle pricing is correct at July 2024 but may be subject to change based on availability.
