If you work for the Legal Services Commission, you could save thousands of dollars in tax each year simply by salary packaging certain everyday expenses you already pay for.
You could make big tax savings by salary packaging home loan payments, rent, bills, groceries and even credit card and other loan repayments. You’re entitled to up to $15,900 of these benefits, tax-free, every Fringe Benefits Tax (FBT) year (1 April - 31 March).
You can salary package up to $2,650 each FBT year to pay for meals and entertainment – for yourself, family and friends – from your before-tax income.
You could drive the car you love and make big tax savings, especially on certain electric or plug-in hybrid vehicles.
Staying current with your career and peers could be more affordable if you can package professional membership and subscriptions and save on tax.
Studying to get ahead in your career? You could salary package the costs of furthering yourself and save on tax.
Save up to 45% on the purchase price of eligible portable electronic devices like laptops and tablets, to help maximise your productivity and performance.^
Getting professional advice to help you save on tax and maximise your wealth could be more affordable if you can salary package the costs.
If you have disability and income protection insurance, you may be able to pay for this cover out of your pre-tax salary.
^A portable electronic device can only be salary packaged if it is used primarily (over 50%) for work purposes. Employees are limited to 1 device with substantially similar functions. Tax savings achieved through salary packaging will depend on your income tax bracket and personal circumstances.
On top of your salary packaging benefits, Smart™ makes it simple for you to get rewards and discounts with leading brands and services.
