Meal Entertainment Payment Card
Low Tax Diet - you can get tax benefits when you eat out!
Salary package even more with the Meal Entertainment Payment Card
The Meal Entertainment Payment Card is a great way to maximise your salary because it's over and above your salary packaging capping limit.
Whether it's dinner with the family or brunch with friends, the Meal Entertainment Payment Card makes it easy to get tax benefits when you eat out. You can even salary package catering expenses for special occasions, such as weddings, engagements or birthdays!
Maximum convenience, maximum ben
efits
Regardless of whether you dine out weekly or just occasionally, the Meal Entertainment Payment Card could benefit you because you can salary package as much, or as little of your salary as you like with the agreement of your employer.
All you have to do is allocated an amount of your gross salary onto the card, the start using the card when you eat our at restaurants, cafes and bistros.
No receipts, no claims, just swipe the card and we'll do the rest.
For more information on how you can get tax benefits when you eat out, click here.
How does it work? Example
Tim earns an annual salary of $45,000 per annum (excluding his employer's super contributions) and eats out once a fortnight spending approximately $100. He is considering salary packaging his meal entertainment expenses to cover these meals.
By choosing to salary package his meal entertainment expenses, rather than paying for them from his post-tax salary, Tim could increase his net disposable salary by $819 per annum or $31 per fortnight.
EXAMPLE ONLY
| Item | Not Packaging | Packaging MEPC |
| Tim's Annual Salary |
$45,000 |
$45,000 |
| Meal Entertainment Expenses (packaged pre-tax) |
$0 |
-$2,600 |
| Fringe Benefits Tax |
$0 |
$0 |
| Tim's Taxable Salary |
$45,000 |
$42,400 |
| Tax & Medicare Levy |
-$7,725 |
-$6,906 |
| Tim's Net Cash Salary |
$36,975 |
$35,194 |
| Less Meal Entertainment Expenses (paid post-tax) |
-$2,600 |
$0 |
| Tim's Net Disposable Income |
$34,675 |
$35,494 |
| TIM'S ESTIMATED ANNUAL BENEFIT |
N/A |
$819 |
| TIM'S ESTIMATED FORTINGHTLY BENEFIT |
N/A |
$31 |
How to get started!
Please note: The availability of this benefit is determined by your employer and the eligibility for FBT concession status. To find out if you are eligible, refer to your employer's Salary Packaging Information Booklet available through the My Employer section of this website or by calling 1300 30 39 40 (please note this benefit is not currently available for Queensland Health employees.)
Currently packaging - you will need to complete an amendment form and the ANZ Card Registration Form.
New to packaging - call RemServ on 1300 73 66 62 to set up your account over the phone. Please note you will have to complete the ANZ Card Registration Form and supply to your consultant when requested.