Meet Olivia. She works part-time as a support worker. Last year, Olivia earned $50,000. She chooses to use the benefits of salary packaging to pay her:

• rent
• groceries
• petrol
• car registration.

Last year, Olivia saw her take-home pay increase by $3,562 a year!

Meet Greg. He’s 60 and works fulltime in the Support Centre earning $60,000 a year. He chooses to salary package, so he doesn’t have to pay tax on certain everyday expenses such as:

• insurance
• utilities
• mortgage.

He also has a salary packaging card he uses to pay for his entertainment costs when he takes his wife out to dinner or away for their annual holiday. Greg’s take-home pay increased by $5,936 a year when he signed up to salary package!

Brett earns $70,000 a year and works in one of our regional locations. Last month he traded his 20-year-old Toyota Camry for a brand-new Hyundai Tucson using a novated lease. AccessPay made the entire process so easy for him.

Over a five-year period, Brett saved $17,083 simply by using salary packaging to buy a new car. They:

• sourced his car from a network of 650+ dealers
• arranged test drives and negotiated the best price
• organised all of the paperwork and calculated the deductions
• explained how all future running expenses for his car would be paid for
• will now manage all of the services and insurance.

Meet Mark. He works and lives in a remote area and his annual salary is $80,000. Mark has a mortgage and it is his primary residence. His annual mortgage statement shows total interest paid was $14,000. Mark can salary package an additional $7,000 on top of his $15,900 limit, and will reduce his taxable income by the same amount. Doing this increases Mark’s annual take home pay by $2,100.

Refer the Remote Area Fact Sheet for more information.

Salary packaging is about paying less income tax and increasing your take-home pay.

Yes. See below for the limits for some of the popular expenses. There are additional items you can salary package above these amounts. To find out how much income tax you can save each year by salary packaging, use the AccessPay Calculator.

The top three most popular expenses to salary package are:

• General living expenses such as rent or mortgage payments, credit card and personal loan payments and household utilities such as gas and electricity. You can salary package up to $15,900 a year.

• Entertainment benefits such as meals and drinks consumed in a restaurant, café or hotel, holiday car hire and/or accommodation, reception venue hire, and external catering costs paid by you for private events. This is capped at $2,650 a year.

• A car (new or used): Salary packaging a car – also known as a novated lease – is one of the most cost-effective ways to buy and run a car. The savings can be in the thousands.

It doesn’t matter if you work full time, part time or casual, you may still be able to benefit from salary packaging. Our provider, AccessPay, will work with you on your personal circumstances to advise what benefits are available to you.

Yes, there may still be benefits you can access through salary packaging and therefore increase your take-home-pay.

If you have a HECS/HELP debt, salary packaging is likely to increase your fortnightly HECS/HELP repayment while still making a considerable tax saving and increasing your take- home pay. You are actually using the tax you normally pay to the ATO to pay off your debt faster while still receiving a tax benefit.

Salary packaging may still provide you with a tax saving on your income. It is worth speaking to a specialist from AccessPay or your financial advisor about your circumstances so they can provide you with advice on what benefits are available to you.

Vanessa earns $35,000 a year. She salary packages $611.54 a fortnight to her everyday living expenses (i.e. rent and electricity). This increases her take-home pay by $3,244 a year.

Employees who live and work in an area classified as ‘remote’ by the ATO may be eligible to salary package the cost of rent, mortgage interest, residential utilities, holiday transport and property purchase in addition to the general living expenses limit.

Yes, you can change your salary packaging allocation at any time once your account is set up.

Out of all of the employee benefits we have, salary packaging has the biggest financial impact to your take-home pay.

Not everyone is accessing this benefit; however, many employees are taking advantage of it. But please remember, it is about your individual circumstances, and we want to ensure you have the information you need to better understand how it works and what the benefits are for you.

Yes, the Expression of Interest form does not contain any sensitive information. If you choose to salary package AccessPay will need to know your individual circumstances to help you. View their Privacy Policy.

Please note, the information we provide is for consideration only and if you need clarification for your circumstances you should seek financial advice before salary packaging.

It’s easy! Fill in this Expression of Interest form and someone from AccessPay will contact you to help you plan your salary packaging journey. Or you can contact them directly on 1300 133 697 or [email protected].