of your salary entitlements

what is salary packaging? Rather than paying for some of your expenses in your ‘after-tax’ income, you choose to pay for some of your expenses in your ‘pre-tax income’. Tax is then payable on the amount left after these expenses are paid.

why package your salary? You can reduce your taxable income. You can potentially pay less tax. The result – more money for you.

how much extra will salary packaging deliver? On a salary of $35,000 p.a. our clients achieve an average saving equivalent to an 11.1% pay rise based upon this salary level.

sound to good to be true? Salary Packaging certainly does sound too good to be true, but it is a legitimate form of tax effective remuneration that is provided by 73% of Australian organisations to their employees.

is it legal? Salary packaging is a legal practice and is endorsed by the tax department; the Federal Government offers salary packaging to their employees.

how much will be saved by packaging $9,095? Annual Savings Savings Salary Per YEAR Per FORTNIGHT $25,000 $1,304 $ 50 $30,000 $1,304 $ 50 $35,000 $2,054 $ 79 $40,000 - $70,000 $2,704 $104 Examples include Remunerator fees

what expenses can be packaged? Home Mortgage Rent Health Insurance Utility Expenses School Fees / HECS Child, Aged & Disability Care General Insurance Credit Card Repayments Personal Loan Private Travel Staff can package up to $9,095 towards the above items Maximum $350 per fortnight

sample income with no salary packaging You earn (gross) $40,000 Total taxable income $ 40,000 Income tax payable $ 7,110 You take home $ 32,890 Then you pay for: Mortgage/Rent/Utilities/Expenses/Personal Loan etc. $ 9,095 Cash remaining $23,795

sample income with salary packaging You earn (gross) $40,000 Then you package: Mortgage/Rent/Utilities/Expenses/Personal Loan etc. $ 9,095 Administration Fees $ 236 Total taxable income $ 30,669 Income tax payable $ 4,171 You take home $ 26,498 Cash remaining $26,498

sample income with salary packaging On an income of $35,000 p.a., you would be in front by $2,704 each year with salary packaging! That’s $104 extra cash every fortnight!

what else can be packaged? Meal Entertainment Laptop Computers Personal Digital Assistants (PDA’s) Employer provided car parking (not casual) These items can be packaged in addition to the $9,095 See us to find out more

how you can take full advantage with Remunerator We help you maximize your salary entitlement We can pay your expenses directly We deliver you more money each fortnight One on one personal assistance Access to the right information and support

where to from here? Complete an application form provided, and return to Remunerator - we will design a package and return it to you for approval. Or, visit a Remunerator representative here at the hospital every second Friday 11 am to 2 pm for a no obligation meeting – No appointment necessary. Or, contact us for more information ph: 1300 654 834 Go home and tell your family you just got the equivalent of an 11.1% pay rise*. (*Based on $35,000 p.a. salary)

of your salary entitlements