Join over 70%1 of healthcare workers who save every year with salary packaging
If you work in a public or private not-for-profit health organisation, you may be eligible for some of the most generous salary packaging benefits available, which could save you thousands of dollars in tax each year.
In fact, over 70%1 of doctors, nurses and other healthcare workers are already taking advantage of salary packaging and saving on their mortgage, rent and other everyday living expenses.
Salary package a range of everyday living expenses such as mortgage, rent, bills and other everyday items up to the value of $9,010 every Fringe Benefits Tax (FBT) year (1 April - 31 March).
Car leasing, also known as 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.
You could save on tax whilst boosting your future wealth.
If you're going on holiday, getting married or having a party, there are some costs you could save on.2
Save up to 45% on eligible portable electronic devices such as laptops and tablets.3
If you use a financial planner or a tax advisor, you could salary package the fees and save.
Salary package the cost of parking in an approved car parking station.
If you have an investment loan you could package the cost and save.
Since salary packaging her mortgage repayments under the $9,010 tax-free cap, Rosie gets to take home an extra $3,100 per year.4,5
Josh is salary packaging the $2,650 meal entertainment benefit. He saves $900 per year by using the Smartsalary Salary Packaging and Meal Entertainment card to pay for his restaurant meals.4,6
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 Over 70% figure calculated by comparing the number of current salary packaging customers to the total number of employees eligible to salary package for PBI 17 healthcare organisations where Smartsalary is the sole salary packaging provider. Calculation correct as of October 2021.
2 There’s a cap across Meal and Entertainment, Holiday Accommodation and Venue Hire benefits of $2,650 per FBT year (1 April –31 March). Eligibility for the Holiday Accommodation and Venue Hire benefit is dependent on your industry and employer.
3 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.
4 Savings example is for illustrative purposes only and is based on the income tax rates for the 2021/22 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.
5 Savings example is based on the assumption that the full $9,010 tax-free cap has been salary packaged per FBT year (1 April – 31 March).
6 Savings example is based on the assumption that the full $2,650 cap has been salary packaged towards the Meal Entertainment benefit per FBT year (1 April - 31 March).