Salary Packaging
Make your hard earned money work harder for you – Salary Package today!
Maximise your Workplace Benefits
Salary packaging is an arrangement between an employer and an employee, where the employer provides the employee with salary packaging benefits in return for an agreed salary adjustment.
Salary packaging advantages are determined by your employer and can include:
- Novated leasing of a motor vehicle
- In-house electricity and public transport expenses
- Additional superannuation
- Education expenses
- Home mortgage repayments
- Utility payments
- Work related travel
- Private travel
- Membership fees
For salary packaging questions, further information is available to QLD Government employees through the Queensland Government Salary Packaging Information Booklet.
How does it work? Example
Kate earns an annual salary of $45,000 per annum (excluding her employer's super contributions) and is considering salary packaging additional superannuation.
By choosing to salary package an additional $5,000 into her superannuation, rather than paying for it from her post-tax salary, Kate could increase her net disposable salary by $1,575 per annum or $60 per fortnight.
EXAMPLE ONLY
| Item | Not Packaging | Salary Packaging |
| Kate's Annual Salary |
$45,000 |
$45,000 |
| Additional Superannuation Payments (packaged pre-tax) |
$0 |
-$5,000 |
| Fringe Benefits Tax (FBT) |
$0 |
$0 |
| Kate's Taxable Salary |
$45,000 |
$40,000 |
| Tax and Medicare Levy |
-$7,725 |
-$6,150 |
| Kate's Post-Tax Salary |
$37,275 |
$33,850 |
| Additional Superannuation (paid post-tax) |
-$5,000 |
$0 |
| Kate's Net Disposable Salary |
$32,275 |
$33,850 |
| KATE'S ESTIMATED ANNUAL BENEFIT |
N/A |
$1,575 |
| KATE'S ESTIMATED FORTNIGHTLY BENEFIT |
N/A |
$60 |
