Salary Packaging enables employees to nominate certain items such as mortgage, rent or credit card payments, to be paid by your employer from your pre-tax income. By ‘packaging’ part of your salary you can potentially reduce the amount of tax that you pay and maximise your net salary.
In accordance with the Federal Government legislation, public health service employees are entitled to salary package up to $9095 tax-free on items that normally attract Fringe Benefits Tax (FBT), provided that this does not exceed 80% of salary for full and part time employees.
You also have the option to salary package more than $9095 on certain items that do not incur FBT, provided that the total package does not exceed 80% of your salary for full and part time employees.
Salary Options is the Boort District Health salary packaging provider. For further information on salary packaging contact Salary Options Plus on 1300 660 416 or visit their website at https://www.salarypackagingplus.com.au/