advantage salary packaging

Advantage Salary Packaging in Armadale, VIC, 3143. Business contact details for Advantage Salary Packaging including phone number, reviews & map location - TrueLocal As a new or existing Advantage customer, you have access to the Smartleasing products, highly competitive pricing and advance technology service Advantage Salary Packaging was recently acquired by Smartgroup Corporation. The program enables you to maximise your disposable income by reducing the amount of income tax you are legally obliged to pay. We have. GO Salary is Australia's first fully interactive salary packaging experience. Enjoy travelling throughout Victoria and interstate assisting employers and staff in setting up salary packaging for staff. Qty. The actual administration fee that applies to you may vary depending on your employer. The Austin Advantage Employee Benefits Program is available to all paid employees of Austin Health, whether full-time, part-time or casual. The Austin Advantage Employee Benefits Program is available to all paid employees of Austin Health, whether full-time, part-time or casual. Download form. Everyday living expenses - up to $15,900. . Answer these questions to help find the package that suits you. It is an arrangement between an employer and an employee, where the employee: agrees to permanently forego part of their future entitlement to salary or wages. Appointment Bookings. Salary packaging, sometimes referred to as Salary Sacrificing, is an Australian Tax Office (ATO) approved way of receiving benefits, such as motor vehicles, self-education expenses, airport lounge membership and many more, by way of a pre-tax deduction. Tax effective salary packaging. Select Location and Date . Most of our employees are now taking advantage of Salary Packaging, as Mitch has been able to clearly outline its benefits to them. Other benefits include: The Paywise calculator also does not take into account if you have Commonwealth Government Assistance / Centerlink or means tested benefits. It's a two-in-one card, so if you're salary packaging both living expenses and meal entertainment, they'll be combined on the same card. Industry benefits. That's $3,250 extra for you. You pay for these benefits before you get taxed and then get taxed on your remaining income. Mimi Arts has been using CBB for its Salary Packaging needs since 2017. Joint promoters are: Smartsalary Pty Ltd (Smartleasing is a registered business name of Smartsalary), AccessPay Pty Ltd, Salary Packaging Solutions Pty Ltd, and Autopia Management Pty Ltd. EML Everyday Purchase Card. To use: Choose your purchases by clicking on an icon once or multiple times (each click of an icon increases the quantity by one) Click "Show savings" to calculate how much you could save. Salary Packaging is an arrangement between an employer and an employee, where the employee agrees to forgo part of their salary or wages in return for the employer providing them with benefits of a similar value. Maximising your salary packaging. We have a comprehensive and complementary product suite providing salary packaging, novated leasing, fleet management, payroll administration and workforce optimisation services. Download form. If you are interested in Salary Packaging and do not have a login, please call 03 9496 4141. Just as online banking changed banking forever, GO Salary has changed salary packaging. Salary packaging lowers your taxable income and increases your take-home pay, giving you more money in your pocket to spend on the things you want. Following changes made by the RBA to salary packaging rules in Australia, companies that offer salary packaging services must . Proof of Expenses - You MUST copy your bills WARNING. We have a comprehensive and complementary product suite providing salary packaging, novated leasing, fleet management, payroll administration and workforce optimisation services. Advantage Salary Packaging Mar 2002 - Present 19 years 3 months. Claim your expenses. To discuss your salary packaging Savings and Apply, please Contact Remunerator on 1300 654 834. The Company offers salary packaging, reporting, reconciliation, and tax management services. This $15,900 is taken out of her pre-tax salary, so she's only taxed on the remaining $44,100 per year, rather than her full $60,000 salary. Advantage Salary Packaging Mar 2002 - Present 19 years 3 months. In simple terms, Salary packaging is an Australian Tax Office approved way of restructuring your income. Think different. Salary Packaging Australia encourages you to seek professional, independent tax or financial advice and to consider whether this information is right for you before making a decision. Login. EML offers the most comprehensive Australian end-to end salary packaging services including issuance, processing, program management and real-time merchant discounts. Download form. Make changes to your salary packaging. Think different. For more information, see their website . GO Salary is Australia's first fully interactive salary packaging experience. This could leave her up to $5,206 . receives benefits of a similar cost (to the employer) in return. Just as online banking changed banking forever, GO Salary has changed salary packaging. Income with salary packaging. Advantage Salary Packaging for $60.8 million. Packaging Engineer average salary is $83,117, median salary is $82,659 with a salary range from $47,500 to $140,000. The types of things you can salary package will usually fall into one of three categories: fringe . Start salary packaging. For more information, go to www.salary. OR - Contact 1800 501 703 for an Application kit. Advantage Salary Packaging Pty Ltd provides administration services. Put simply a $20,000 car purchase cost brings a 20% Fringe benefit value on the default (Statutory method-if you can't justify a log book because of low business kilometres) method is $4000. 550 Bourke St, Melbourne. Smartgroup currently comprises a number of businesses with deep expertise in employee benefit programs including Novated Leasing services by Smartleasing. Advantage Salary Packaging (Novated Leasing / Salary Packaging Service): 2.3 out of 5 stars from 3 genuine reviews on Australia's largest opinion site ProductReview.com.au. How does salary packaging work? Each salary is associated with a real job position. *Salary packaging example: The estimated potential tax benefit is based on the assumption that an eligible employee salary packages the full $15,900 per annum limit. Your salary package may not start, be suspended or cancelled if you do not comply . Employees may also salary package a motor vehicle, ie apply for a Novated Lease. The way it works is essentially like this - let's say you earn $60,000 per year, and $10,000 goes through salary packaging. The program enables you to maximise your disposable income by reducing the amount of income tax you are legally obliged to pay. You'll only need to carry one card in your wallet. Client Payroll Co-ordinator at Advantage Salary Packaging Greater Melbourne Area. Smartsalary Advantage Salary Packaging Combined Smartgroup Packages c. 130,000 c. 50,000 c.180,000 Novated Lease car park c. 32,000 c. 1,500 c. 33,500 Employer clients c.150 c. 350 c. 500 Staff c. 350 c. 30 c. 380 • For personal use only The acquisition of Advantage expands Smartgroup's salary packaging footprint and novated leasing potential Assumptions: potential benefit of salary packaging living expenses based on an eligible employee salary packaging the full cap limit of $15,900. Salary packaging - also known as salary sacrifice - means allocating a portion of your salary to pay certain expenses before income tax is calculated. Specifically with an Advantage Salary Packaging Visa Card (edit: this may be the "Westpac Everyday Purchase Card") My partner is starting her first professional job. By paying for these things before you have to pay tax you end up with greater purchasing power with the same income. Submit. She takes advantage of the full amount of these benefits by salary packaging $15,900 (for things such as her groceries, utility bills, child care and a new laptop). Enjoy travelling throughout Victoria and interstate assisting employers and staff in setting up salary packaging for staff. Salary package and save every day with Advantage Salary packaging is the easy way to boost your income. This video illustrates the features and functions of the Advantage Salary Packaging Android and Apple Smartphone Apps. If you are looking at changing or would . We have. Each FBT year, you have a $9,010 Tax-free Cap available to spend on your living expenses. You then pay tax on $50,000 only. Description. NFP organisations benefit more than private or "profit" companies because they can offer non-cash benefits at a lower cost, making salary packaging much more attractive to employees. Watch this short video to find out more. Salary packaging, also known as salary sacrificing, is an arrangement with your employer where certain items or benefits can be paid for out of your pre-tax salary. If you are interested in Salary Packaging and do not have a login, please call 03 9496 4141. For more details, visit https://www.salary.com.au/company-car-and-leasing Gas and electricity expenses. Advantage Salary Packaging, Statements, Employer, Employee, Employer Group. There are many pros and cons and limits with salary packaging. Strategic salary packaging example: If the job market is paying around $80,000 for an NFP professional, your organisation could advertise the annual salary package of $80,000, with the actual cost to the organisation of $63,000. This calculator is for general use only and should not be used, relied on or treated as a substitute for specific professional advice . Our priority is to provide clients with . $54,000. Transaction banking. Customised innovative solutions to help with any stage of the business cycle. These types of salary sacrificing arrangements can also be referred to as salary packaging. Other benefits. Whether a client's business requires straightforward transactions or has more complex requirements, Westpac can provide customised solutions that meet these needs in any stage of the business cycle. Ronnie Porter Field Sales Consultant at Smartsalary Greater Melbourne Area. It was an easy and straight forward process to get set up and started. Tax effective salary packaging. Dispute a transaction - Use this form if you need to dispute a transaction on your EML card. Forgotten your log in details? Employees are eligible for salary packaging with benefits up to a specified amount. Authorise Advantage Salary Packaging Pty Ltd to request and pay their administration and card fee(s) as part of my salary packaging arrangement. FBT rates effective 1 July 2020 and PAYG tax rates effective 1 July 2020 have been used. Please complete the 3 easy steps. If you are looking at changing or would . VIC Assisting all not for profits with their salary packaging needs throughout Australia. Advantage Salary Packaging, Statements, Employer, Employee, Employer Group. Email. 6. To find out if you're eligible, speak to your employer, get in touch online, or give us a call on 1300 123 123. This is known as maximising and means the amount deducted each pay is the most you can package each pay cycle, based on your salary and the annual limit. Packaging Engineer salaries are collected from government agencies and companies. Online Application Getting started is easy. There are some instances . A salary sacrifice arrangement is also referred to as salary packaging or total remuneration packaging. Forgotten your log in details? Salary packaging reduces the amount of tax paid, so staff can make the most of their income. Members have full access to their salary package (PC, mobile, tablet) and can 'self manage' their salary package 24/7. Try our Novated Leasing Calculator. Some employees have the ability to salary sacrifice rent, mortgage repayments, car leases, laptops and other bills, such as electricity and rates. Take advantage of the wide range of tax saving benefits available to the Not for Profit and Charity sector to increase employee retention and build loyalty ©Advantage Living Centers • 25800 Northwestern Highway, Suite 720 • Southfield, MI 48075 • 248-569-8400 . Career Opportunities Our salary packaging programs are managed by Advantage Salary Packaging. What is Salary Packaging? Advantage Salary Packaging - FINANCING AND CREDIT, FINANCIAL BROKERS, Melbourne, 3143, High Street 1121, TEL: 0398223., Australia, On this page : Advantage Salary . If you start salary packaging part way through the FBT year, you can still take advantage of the annual salary packaging limit. The average Leave Specialist salary in Southfield, MI is $65,436 as of November 29, 2021, but the salary range typically falls between $55,975 and $76,207. Packaging. Download form. It's a Mastercard debit card that you can use all over Australia to save on groceries, bills, clothing and just about anything else. Login. The top $10,000, which would usually be taxed at 32.5%, is now tax-free. Employees may also salary package a motor vehicle, ie apply for a Novated Lease. These agreements are the result of negotiations with a number of unions and staff representatives. Smartgroup operates through a portfolio of brands including Smartsalary, Smartleasing, Smartfleet, Smartsalary Payroll Solutions, Autopia, Advantage Salary Packaging . The EML Salary Packaging Card gives you instant access to your salary packaging funds, so you're never out of pocket, you just pay as you go. Apply for a salary packaging card. Our Customer Service Centre is open Monday to Friday 8:00am to 8pm (AEST). Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. To achieve the same benefit without salary packaging you would need a gross salary of $0. How it works. Authorise Advantage Salary Packaging Pty Ltd to, in the event that my Salary Solutions account is overdrawn, debit my Westpac card for the overdrawn amount (if applicable). Leasing. 1800 555 582; Level 8, 550 Bourke St, Melbourne VIC 3000 [email protected] Return to Advantage Salary Packaging Website. By opting for Salary Packaging you can buy goods and services or pay personal expenses and costs from before tax income rather than after tax income - resulting in tax benefits and better income! Available in Australia. salary packaging purposes, providing the aggregate gross value of the Benefit Items (excluding superannuation, for which there is no packaging limit) does not exceed 50% of the Employee's total salary payable for the FBT year, payable fortnightly. Our flexible, compliant, and trusted salary packaging products can save your employees thousands in tax, and make your organisation the first choice for talent. See just how much you could save on your everyday spend with the Advantage Salary Packaging Loyalty Program! Salary packaging can work but you need to be looking for a low cost car and making after tax contributions and using the car reasonably extensively. One really easy way to package your Tax-free Cap is to get an EML Benefit Card. Password. Try our Novated Leasing Calculator. How it works; Available benefits; Financial wellness; Salary packaging card; Getting started; Fact sheet library; Salary packaging forms; Financial wellness program; Novated . The Tax Office requires Advantage to hold proof of the expenses salary packaged. Mortgage and rent. Advantage Salary Packaging. If you do not use your full salary packaging limit within the FBT year, the funds will remain in your account for you to use in the next FBT year which begins on 1 April 2022.. To maximise your potential tax savings . Salary packaging calculator. Salary packaging this amount means you are making the most of your benefit, but you can choose to salary package a lower amount if you prefer. Salary packaging is an Australian Taxation Office approved way of paying for some everyday items and living expenses with your pre-tax salary. With capped benefits there's a limit to how much you can salary package each Fringe Benefits Tax year (1 April - 31 March). To discuss your salary packaging Savings and Apply, please Contact Remunerator on 1300 654 834. Eziway Salary Packaging - Number 1 Salary Packaging … https://eziway.net.au/ Eziway Salary Packaging is Australia's Number 1 Salary Packaging / Salary Sacrifice Provider. She earns approx $65k per year and was told she can salary package for a Visa card worth $15k per year. Use our pay calculator to see your savings with salary sacrifice. Speak with a member of the Advantage team by calling. Smartgroup operates through a portfolio of brands including Smartsalary, Smartleasing, Smartfleet, Smartsalary Payroll Solutions, Autopia, Advantage Salary Packaging . Potential Benefit $4,000 per year. Advantage, based in Melbourne, manages around 50,000 salary packages servicing about Salary . Email. Salary packaging can benefit both the employer and employee, some of the advantages are: It offers the employee choice to choose how they receive their income. 1800 555 582. or by emailing Gross salary required without salary packaging *Please note this does not include your Paywise Membership fee. Income without salary packaging. They consider regular salary increases and a wide variety of flexible working conditions. Base salary doesn't always give the full picture. The availability of any packaging benefit is subject to your employer's approval and compliance with the Australian Income Tax Assessment Act (1997). Password. 5. Consideration will include $50.8 million in cash, funded through new and existing debt facilities, and $10 million in SIQ shares issued to Anton Gaudry. Integrates personal and financial planning; for example many financial advisers recommend salary sacrificing into superannuation as a way to reduce your tax while increasing your . Promotion period is 17.11.21 at 00:01am - 16.02.22 at 11:59pm. OK, now we need a little more detailed information about you. Employees are eligible for salary packaging with benefits up to a specified amount. This reduces your taxable income and therefore reduces your income tax payable. OR - Contact 1800 501 703 for an Application kit. Packaging Engineer salary statistics is not exclusive and is for reference only. 7. This is the most important aspect of salary packaging. Salary Packaging & Payroll. VIC Assisting all not for profits with their salary packaging needs throughout Australia. There are a host of salary packaging benefits you can take advantage of up to your allotted cap (eligible health employees, $9,010 and eligible charity employees, $15,900). The proof we require is a photocopy of the expense (you retain the original). As a Lutheran Services staff member, you can also access valuable loyalty programs and receive discounts on a wide range of products and services, from smart phones to fitness clubs. 550 Bourke St, Melbourne. The salary sacrificing benefits (part of salary packaging) comes into play when you choose to receive these non-cash benefits over a high cash salary. Melissa Burt Principal Business Owner #MortgageChoiceModbury | Expertise, Home Lending Expert - Award winner, MFAA State Finalist 2019, Mortgage Choice SA Single Operator of the year . Members have full access to their salary package (PC, mobile, tablet) and can 'self manage' their salary package 24/7. 1800 555 582; Level 8, 550 Bourke St, Melbourne VIC 3000 [email protected] Return to Advantage Salary Packaging Website. Those everyday living expenses sure add up, but with salary packaging you can pay for them before you get taxed! The prize pool is shared among the four named joint promoters.
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