HECS/HELP repayments and taxation surcharges are excluded. $, Value: {{formatNumber(model.livingExpenses, "$0,0")}}, Value: {{formatNumber(model.mealEntertainmentValue, "$0,0")}}. INDEX 1. Employees may also salary package a motor vehicle, ie apply for a Novated Lease. The vast majority of our employees are eligible to salary package the $9,010 tax free cap each Fringe Benefits Tax year (1 April to 31 March). The items you could package are determined by your employers salary packaging policy, and the industry sector you work in. Those everyday living expenses sure add up, but with salary packaging you can pay for them before you get taxed!. Our Customer Service Centre is open Monday to Friday 8:30am to 7pm (AEST) (8pm during daylight saving AEDT Salary. External mail HealthShare NSW Employee Benefits Team PO Box 292 Westmead NSW 2145. As a NSW Health employee, the arrangements for your salary packaging are based on a 50% share of savings arrangement. Value: Capped benefits. Simple steps to lodge your 2020 tax return online. Monthly: Getting started is easy with our helpful information and tools. Level 21/360  From the 1st of July 2019 all government study and training loans are covered by one set of thresholds and rates. Through salary packaging you can use up to $9,009 of your pre-tax income each year towards an approved personal expenses. To achieve the same benefit without salary packaging you would need a gross salary of $0 Submit This calculator is for general use only and should not be used, relied on or treated as a substitute for specific professional advice relating to personal circumstances. An indicative average salary packaging administration fee of $220.00 has been included. Maxxia strongly recommends that you consult a professional and provide no warranties as to the accuracy of the estimated results produced by the calculator. This means that the tax saving achieved through novated leasing, is shared equally between you and your Local Health District. Use our online salary packaging calculators to instantly see how much you could potentially save through these tax saving salary packaging benefits. This means an increase is net take home pay for eligible NSW Health Service employees. Melbourne, Victoria  Salary Packaging is available to employees of the Mid North Coast Local Health District. Claim up to $9094 tax free per year. ATO compulsory HECS/HELP repayment rate: See how salary packaging with Maxxia compares using the comparison table below. Enter Annual Gross Base Salary here: Non-Exempt Approved Benefits (Limited to $9,009) Meal Entertainment and Exempt Benefits. Please select at least 1 package item. Smartsalary. - Maxxia is not licensed to provide taxation advice to anyone. Fees and charges have not been included in the above calculations. Please contact Maxxia or refer to your employer's salary packaging policy for more information. Email: salary.packaging@health.nsw.gov.au. Salary. Everyday living expenses - up to $9,010. All calculations on this website are indicative, OR - Contact 1800 501 703 for an Application kit. - This calculator does not use or consider any individual’s own financial circumstances at all; The experts at Salary Packaging Australia are all about helping you save hundreds and thousands of dollars of your hard-earned money by offering other non-cash benefits over your pre-tax salary. About. and get more from your salary. Try our salary packaging calculator to see just how much you could save. Fill in the Salary Packaging calculator to find out how much you can save! Maxxia strongly recommends all users seek their own personal taxation advice from a licensed tax adviser before making any financial decisions. Whether you’re ready to get started or would like to know more, we’re here to help. Smartleasing (our sister company) can help you purchase your next car with an easy and affordable novated lease. Salary Packaging Help yourself to more of your income – an easy way to reduce your taxable income and give you more pay in your pocket. It does not offer a complete overview of applicable taxation methods; Try our Novated Leasing Calculator. Spending pre-tax dollars from your salary will decrease the stated gross income on your Payment Summary (group certificate). Internal mail HealthShare NSW Employee Benefits Team Dock 9 Westmead Service Centre. In most cases, your salary will be provided by your employer on an annual basis. Basically, salary packaging involves NSW Health Service paying for things that an employee would otherwise pay out of their net take home pay. Although all reasonable care has been taken in designing the calculator, due to the complexity of tax laws, the estimated results can change based on individual circumstances that this calculator is not able to take into account such as (and not limited to) HECS / HELP repayments.The results of the calculator should not be taken to be professional advice nor a substitute for professional advice. Where the payments are subject to GST this amount will be reduced to $8,231 and the gross up rate of 2.0802 should be used to determine the grossed up taxable value of the benefits provided. Salary packaging is an Australian Taxation Office approved way of paying for some items with your pre-tax salary, which lowers your taxable income and increases your take-home pay. The items you could package are determined by your employers salary packaging policy, and the industry sector you work in. 3000, Maxxia Pty Ltd | ABN 39 082 449 036 is an Authorised Representative of EML Payment Solutions Limited (AFSL 404131) ABN  30 131 436 532, Coverforce Insurance Broking Victoria Pty Limited (AFSL 345986) ABN 45 127 707 813, Allianz Australia Insurance Limited (AFSL 234708) ABN 15 000 122 850 and Smart Guys Pty Limited (AFSL 460412) ABN 46 129 708 523. Salary Packaging SummaryThis Policy Directive outlines the Salary Packaging Scheme for staff employed in the NSW Health Service. This calculator is for general use only and should not be used, relied on or treated as a substitute for specific professional advice relating to personal circumstances. You may not be eligible to package all items included in the calculator. Packaging. Maxxia strongly recommends all users seek their own personal taxation advice from a licensed tax adviser before making any financial decisions. and take-home pay with salary packaging. To help us determine the benefits you could be eligible for, we need to know your industry sector. Novated Lease - Vehicle Value. The Paywise calculator also does not take into account if you have Commonwealth Government Assistance / Centerlink or means tested benefits. Novated leasing allows you to own your choice of vehicle, with a suite of extras, for a heavily discounted price. OK, now we need a little more detailed information about you. Disclaimer: Please note the SalaryPackagingPLUS calculator is designed to give you an estimate on the potential increase to take-home pay when salary packaging and is not to be used as a substitute for external independent financial and/or taxation advice. Remuneration Services (Qld) Pty Ltd | ABN 46 093 173 089 (RemServ) RemServ acts as an authorised representative of AFSL holders. Key Features Page 2 … 4 min read Smartsalary. Calculate now. This calculator will help you work out the Fringe benefits tax (FBT) for public benevolent institutions (PBIs), health promotion charities (HPCs), rebatable employers, public and not-for-profit hospitals and public ambulance services. Elizabeth Street Lodging a tax return. See how affordable it is . - This calculator provides general information only by using some generic taxation scenarios and some publicly available general material published on the ATO's website. The actual salary packaging administration fee can vary based on your employer policy and the benefits available. The administration of salary packaging is undertaken by SalaryPackagingPLUS. - All users must not rely on or consider any results generated by the calculator as personal taxation advice; Yearly: Taxable income used for calculation of HRI: Salary Calculator. Select your employer type ... NSW Health with $17,000 cap. As the laptop is exempt from FBT, the payroll tax is payable only on the $67,000 salary. Salary packaging is a simple way for eligible NSW Health employees to increase their take home pay by reducing their taxable income and therefore the amount of tax they pay. If you choose to go ahead and salary package, you’ll need to ask your payroll department to This calculator provides general information only by using some generic taxation scenarios and some publicly available general material published on the ATO's website; www.ato.gov.au. Employees are eligible for salary packaging with benefits up to a specified amount. Employees with a Rebatable tax status can salary package expense payments up to $30,000 grossed up taxable value - which is equal to $15,900 actual expenditure on non-GST items. How does salary packaging work? Pre-tax superannuation contributions. Public benevolent institutions and charities have a capping threshold (being a grossed up taxable value of $30,000) placed on the amount of fringe benefits they may provide to employees each FBT year without FBT applying. Our Privacy Policy contains important information about how we collect, hold, use and disclose personal information. Salary packaging calculator. Gross salary required without salary packaging *Please note this does not include your Paywise Membership fee. The employee and employer negotiate a salary sacrifice arrangement for a $3,000 laptop for work purposes. GST calculator. Do you want to find out how much you can increase your take-home pay by salary packaging? Please include your complete NSW Health EML Card Application Form You must also attach a recent payslip with your application. As an employee of NSW Government, you’re entitled to great salary packaging and Novated Leasing benefits with Easi. Public benevolent institutions and charities with $30,000 cap. Contact Us. Sacrificing part of your salary can reduce your tax. So on pay day you pay less income tax and have more money for the things that matter. See how salary packaging with Maxxia can benefit and reduce the amount of tax you pay - View the comparison below for more information. The maximum amount of $15,900 has been determined using a gross up rate of 1.8868 and assumes that the payments are not subject to GST. As a result, the employee’s salary is reduced to $67,000 per annum. Public Hospital and NSW Health Salary Packaging Calculator. The following is some important information about the assumptions in the calculator: All calculations on this website are indicative, and for illustrative purposes only. How to calculate Australian goods and services tax. Salary Packaging Calculator Calculate your savings today Simply use our salary packaging calculator, select which benefits you wish to package and the calculator will give you both WITH and WITHOUT salary packaging calculations, so you can easily see how much you will be saving! Fax: 1300 655 568 24 hour roadside assistance: 1800 819 093 24 hour accident assistance Armada: 1300 479 186 Superannuation is part of your wage (salary package) and paid into your Superannuation fund. By using this calculator you agree to our terms and conditions below: The actual amounts and types of benefits you could package depends on your industry and employer. solutions. Alternatively, you could call us on 1300 40 80 46 for more information. Salary packaging could provide you with a great way to reduce the amount of tax you pay - and get more from your salary. Rebatable FBT employees may be entitled to salary package FBT Free and other Concessionally Taxed benefits above the $30,000 grossed up taxable value limit. Please refer to the legal and information policy tab below for details about these authorisations, and the services RemServ provides. Continue here to access the tools available to get you started. Employer. The calculations are based on personal income tax rates and thresholds for the 2019/2020 financial year and assumed salary packaging administration fees. Employees in Public health receive great salary packaging benefits which include the ability to reduce their taxable income by $9,010 per FBT year by spending it on general benefits. As you have selected casual employment, please submit your last 6 pay slips so that we can determine your average earnings and the amount you are able to salary … and for illustrative purposes only - further information is provided below. Select your employer type to calculate your take-home pay savings, Public Hospitals and ambulance services with, Public benevolent institutions and charities with, Corporate, government and ‘for profit’ organisations, Religious, scientific or public educations schools, trade unions and associations with a. 1 min read. Contact. Maxxia makes no representation that the results or any related information that the calculator produces is appropriate for your particular circumstances. An indicative average salary packaging administration fee of $220.00 has been included. Answer these questions to help find the package that suits you. Public and private not-for-profit hospitals have a capping threshold (being a grossed up taxable value of $17,000) placed on the amount of fringe benefits they may provide to employees each FBT year without FBT applying. To achieve the same benefit without salary packaging you would need a gross salary of $0. The maximum amount of $9,010 has been determined using a gross up rate of 1.8868 and assumes that the payments are not subject to GST. Department of Health, NSW 73 Miller Street North Sydney NSW 2060 Locked Mail Bag 961 North Sydney NSW 2059 Telephone (02) 9391 9000 Fax (02) 9391 9101 ... DEPARTMENT OF HEALTH SALARY PACKAGING OF SUPERANNUATION EMPLOYER GUIDELINES . Based on your input we are unable to provide an online calculation, please contact one of our salary packaging consultants for more information on 1300 40 80 46. This includes Higher Education Loan Program (HELP), Vet Student Loan (VSL), Student Financial Supplement Scheme (SFSS), Student Start-up Loan (SSL), ABSTUDY Student Start-up Loan (ABSTUDY SSL) and Trade Support Loans (TSL). We’re the first to admit, delivering exceptional care to NSW’s can be hard work, but we’re here […] It enables you to buy a range of everyday items out of your pre-tax salary rather than your after-tax salary. For further information, call SalaryPackagingPLUS on 1300 40 25 23 or visit the SalaryPackagingPLUS website How much could you save by salary packaging? Tax, benefit & Medicare levy calculations are approximate, and assumes no other taxable income is received. Calculate how much you could save with salary packaging, Here are your possible savings through salary packaging with Maxxia. your take-home pay, {{formatNumber(result.netBenefitPerCycle, "$0,0.00")}}, {{formatNumber(result.totalSaving, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.livingExpense, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.livingExpense, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.mealEntertainment, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.mealEntertainment, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.airportLoungeMembership, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.airportLoungeMembership, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.disabilityProtectionInsurance, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.disabilityProtectionInsurance, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.portableElectronicDevice, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.portableElectronicDevice, "$0,0.00")}}, Professional Memberships and Subscriptions, {{formatNumber(result.unPackagedAnnual.professionalSubscription, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.professionalSubscription, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.relocationExpense, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.relocationExpense, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.super, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.raHousing, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.raHousing, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.raFuel, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.selfEducation, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.selfEducation, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.otherExempts, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.nlPreTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.nlPreTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.fbt, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.fbt, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.adminfee, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.adminfee, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.shareSaving, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.shareSaving, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.preTaxDeduction, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.preTaxDeduction, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.grossSalary, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.grossSalary, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.taxableIncome, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.taxableIncome, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.netPayPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.netPayPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.liveingExpensePostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.liveingExpensePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.mealPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.mealPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.airportLoungeMembershipPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.airportLoungeMembershipPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.disabilityProtectionInsurancePostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.disabilityProtectionInsurancePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.portableElectronicDevicePostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.portableElectronicDevicePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.professionalSubscriptionPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.professionalSubscriptionPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.relocationExpensePostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.relocationExpensePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.super, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.raHousingPost, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.raFuel, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.selfEducationPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.selfEducationPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.otherExemptsPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.nlPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.nlPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.hecs, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.hecs, "$0,0.00")}}, {{formatNumber(result.unPackagedAnnual.totalDeductionPostTax, "$0,0.00")}}, {{formatNumber(result.packagedAnnual.totalDeductionPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.livingExpense, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.livingExpense, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.mealEntertainment, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.mealEntertainment, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.airportLoungeMembership, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.airportLoungeMembership, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.disabilityProtectionInsurance, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.disabilityProtectionInsurance, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.portableElectronicDevice, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.portableElectronicDevice, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.professionalSubscription, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.professionalSubscription, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.relocationExpense, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.relocationExpense, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.super, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.raHousing, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.raFuel, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.selfEducation, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.selfEducation, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.otherExempts, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.otherExempts, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.nlPreTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.nlPreTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.fbt, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.fbt, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.adminfee, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.adminfee, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.shareSaving, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.shareSaving, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.preTaxDeduction, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.preTaxDeduction, "$0,0.00")}}, 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{{formatNumber(result.packagedPerCycle.disabilityProtectionInsurancePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.portableElectronicDevicePostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.portableElectronicDevicePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.professionalSubscriptionPostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.professionalSubscriptionPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.relocationExpensePostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.relocationExpensePostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.super, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.raHousingPost, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.raFuel, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.selfEducationPostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.selfEducationPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.otherExemptsPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.nlPostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.nlPostTax, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.hecs, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.hecs, "$0,0.00")}}, {{formatNumber(result.unPackagedPerCycle.totalDeductionPostTax, "$0,0.00")}}, {{formatNumber(result.packagedPerCycle.totalDeductionPostTax, "$0,0.00")}}. Ready for a new car? car leasing. Mortgage and rent Salary packaging is a government incentive that allows you to use money that previously would have been paid as tax to pay for the items which you have chosen to salary package. Salary packaging is an Australian Tax Office approved way of restructuring your income. The increase to take-home pay is based on comparison between your take-home pay without salary packaging Equivalent salary calculations are indicative only and do not take into consideration your personal circumstances. Do you want to apply for salary packaging? SalaryPackagingPLUS recommends that you seek independent financial and/or taxation advice before entering into any salary packaging arrangements. Further to this, employees are also able to package Meal & Entertainment … Based on the information supplied so far, we estimate: {{model.payCycle}} increase to Salary packaging. We pride ourselves on offering an extensive range of monetary solutions on vehicles that would help you reduce your tax liabilities. packaging calculator. Salary Packaging Scheme What is salary packaging? See how much you can benefit and reduce the amount of tax you pay - and get more from your salary. The calculator is provided for guidance purposes only and the results are estimates to illustrate potential scenarios. To discuss your salary packaging Savings and Apply, please Contact Remunerator on 1300 654 834. You should seek your own independent professional advice before making a decision with respect to salary packaging or novated leasing. Salary package and save every day with Advantage Salary packaging is the easy way to boost your income. Your Adjusted Taxable Income is $60,000 Low Income Tax Offset (LITO) of up to $100 and a Low And Middle Income Tax Offset (LAMITO) of up to $1,080 This calculator is an estimate. 1 min read. It does not offer a complete overview of applicable taxation methods; This calculator does not use or consider any individual’s own financial circumstances at all; All users must not rely on or consider any results generated by the calculator as personal taxation advice; Maxxia is not licensed to provide taxation advice to anyone. Please adjust and try again. deduct your HECS/HELP debt repayment shown above, which we’ve based on the information you gave us. All calculations use PAYG tax rates effective 1 July 2020. Salary packaging is a tax effective means of using part of an employee’s salary to pay for non-cash benefits. Privacy Statement: Maxxia is committed to protecting the privacy and rights of its customers. Salary packaging – also known as salary sacrifice - means allocating a portion of your salary to pay certain expenses before income tax is calculated. Watch this short video to find out more. Maxxia will handle your information in accordance with its Privacy Policy. Maxxia Pty Ltd does not provide you with any form of financial, taxation or financial product advice on the relative merits of salary packaging or novated leasing or on any other basis. Novated Lease - Maximum Annual Costs incl Finance. You may not be eligible to package all items included in the calculator. By completing this form, I agree to Maxxia contacting me about its products, services and offerings. Salary packaging is a great way of restructuring your salary by using pre-tax income to buy a range of everyday items. Salary Packaging Calculator Calculate your take-home pay savings Fill in the Salary Packaging calculator to find out how much you can save! You can then see how your salary is broken down into weekly, fortnight, or monthly earnings. With capped benefits there’s a limit to how much you can salary package each Fringe Benefits Tax year (1 April – 31 March).. Here are the numbers: Fortnightly: Salary packaging is an Australian Tax Office-approved employee benefit, which enables NSW Health staff (including HNELHD) to use pre-tax income towards benefits and potentially reduce the amount of income tax you pay, giving you increased disposable income. Where the payments are subject to GST this amount will be reduced to $14,525 and the gross up rate of 2.0802 should be used to determine the grossed up taxable value of the benefits provided. Submit. Novated. If you are using the Pay Calculator as a Salary Calculator, simply enter your annual salary and select the relevant options to your income.

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