Corporate
Salary packaging, salary sacrificing – it’s the same thing, a smart way to increase your take-home pay.
How can salary packaging work for you?
You get to pay for certain expenses out of your salary before it’s taxed, which could reduce your taxable income and the tax you have to pay – increasing your take-home pay. What you can salary package depends on your employer and the industry you work in, as well as your employment status.
Popular benefits for corporate employees
Here are some of the benefits others in the corporate industry use to maximise their earnings. Use the salary packaging calculator to see what you could save.
Save on your next car with a novated lease
Salary package a car you love with a novated lease and you could save thousands, especially with an electric vehicle.
Salary package a portable electronic device
Time for a new tablet, laptop, or phone? As long as it's mainly used for work, you could salary package a portable electronic device.1
Make extra super contributions
Salary sacrificing additional superannuation contributions could give you income tax savings while also helping you increase your future wealth.
Other ways you could save
Below are some of the benefits your employer may offer – there could be many more. Use the calculator to see where you can save.
Financial and taxation advice
Want to save in other ways and increase your wealth? Save on the costs of professional advice that can help you achieve your goals.
Airline lounge
Airline lounge membership makes work and personal travel easier and more enjoyable, and you could salary package the cost.
Self-education
Studying to get ahead in your career? Education costs relating to your current job and field – including courses at school, Tafe or university, seminars and textbooks – could come out of your pre-tax income.
Income protection
Income protection can save worry about what happens if you can’t work because of sudden injury or illness. By salary packaging it, you could also save on income tax.
We’re here to help
FAQs
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. Smartsalary Pty Ltd, ABN 24 096 796 100, a SmartTM company.
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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.