1300 889 669
Employees of health promotion charities, public hospitals, public benevolent institutions, and non-profit hospitals are now able to salary package accommodation and venue hire expenses in addition to general salary packaging from 1st July 2009.
Is this a new benefit?The Australian Tax Office issued a ruling on the 26th June 2009 (Ruling ID 2009/45) that allows employees approved employers to Salary Package the hire or leasing of a private function room and accommodation expenses in addition to your salary packaging threshold of $16,050.
What are the guidelines?Now you can salary package the cost of holiday accommodation. It can be anything from an overnight stay to accommodation during a long planned world trip. You can now package the accommodation or room cost before Tax without impacting what you normally Salary Package. It doesn’t matter whether your accommodation was in a motel, bed & breakfast, hotel, caravan or cabin.
How much can I save?It is dependent on how much you earn. A guideline is if you are earning under $35,000 a year you will save 16.5% on your accommodation and 31.5% if you earn over $35,000 a year.
How does it work?Simply retain your receipts and contact our friendly Customer Service team when you return from holidays for a reimbursement of the accommodation costs.
Alternatively tell us the amount you want to set aside each pay. Our friendly customer service staff can then arrange to amend your existing package to take advantage of this great benefit.
What can’t I claim?Under this benefit you cannot claim flights, beverages, meals, or any other costs associated with your accommodation. Most importantly don’t forget meals and beverages can be claimed under your Meal Entertainment benefit.
The Meal Entertainment benefit allows you to assign an amount from your wage (over and above the $16,050) to a Meal Entertainment benefit for your personal use. You can expend your before tax monies anywhere to purchase meals and beverages – before tax.
Ask our Customer Service Staff for more information. Call Toll free 1300 889 669