• Commercial Businesses
• Hospitals
• Public Benevolent Institutions
• Rebatable

What items can you Salary Package?

Australian Tax Office guidelines allow for a range of items employee’s can Salary Package depending on the type of organization you work for, which will have a particular status with the Tax Office.

Depending on your Employers status, there are a range of payments that can be made on your behalf, each pay day, from your salary before tax.

Your tax is calculated after the deductions, and therefore you pay less tax.

The salary packaging structure is in accordance with Federal Government and Australian Tax Office requirements.

The categories of items you can salary package will vary depending on who you work for. See the list of or the items in the table below.

• Public Benevolent Institution (PBI): A not-for-profit organization whose principal goal is the provision of services directly to disadvantaged people.
• Hospital: A public hospital or private hospital operated by a not-for-profit organization.
• Rebatable: Employers that are certain non-government, not-for-profit organizations eligible for a rebate of the amount of FBT.
• Commercial: Most businesses, organizations and Australian Governments and Government departments.

Contact our friendly Customer Service staff if you are unsure of your employer’s status.

PBI, Hospital and Rebatable employees can also salary package directly to the SPG MasterCard which provides maximum flexibility to access your monies. You can spend your BEFORE TAX monies at any retail or service provider accepting Visa payment.

Salary Package your Car

All employees can salary package a car, with the employers consent. Salary Packing a vehicle via a Novated Lease is an Australian Tax Office approved structure which has significant benefits to many employees across a wide spectrum of organizations.

Car Packaging works in much the same way as other Salary Packaging – by paying for vehicle payments and running costs from the employee’s pre-tax salary. Important to note the car is registered and insured in the employee’s name, no business use is required and the employee does not have to be the main driver.

Employees reduce their taxable income and therefore the amount of tax they pay each pay day, which increases their net pay, providing in effect a pay rise.

In addition to PAYG tax savings, employees benefit from significant GST savings on the purchase price of the vehicle and running costs of the car such as fuel, tyres, servicing etc.

Employees are also able to gain access to SPGs fleet buying power. The fleet discounts for virtually all new cars are significant. A no obligation fleet pricing service is available for employees to compare pricing. Many employees appreciate the opportunity to drive their car of choice, best suited to their personal situation and needs.

In the event of the employee moving to another organization the cars stays with the employee. The new employer may take over the Novation or the driver simply continues with the finance arrangement until the end of the lease.

Exempt Items

Employees of all organizations are able to salary package items that are FBT exempt, including:

• Motor vehicles by way of a Novated Leasing
• Motor vehicle expenses and running costs
• Additional contributions to complying, registered superannuation funds over and above those paid by their employers
• Fees for professional memberships and subscriptions to professional associations
• Expenses related to employees’ home offices including laptops and mobile devices used primarily for work purposes
• Airline lounge benefits
• Fees paid for financial advice
• In house benefits such as in house gyms, parking  and childcare services
• Disability/income protection insurance premiums
• Self education expenses (work related)
• Call SPG for clarification or information on 1300 889 669