Assumptions

1. Additional superannuation contributions from pre-tax salary are subject to 15% contributions tax which is deducted by superannuation fund and remitted to the ATO.  The taxation of additional superannuation contributions via salary packaging may differ from the taxation of additional superannuation contributions from post-tax salary.
2. The FBT is zero.
3. No other benefit items are salary packaged.
4. All amounts are rounded to the nearest dollar.
5. Fees are not included.
6. The Medicare calculations are approximate.
7. HELP (formerly HECS) repayments and taxation surcharges are excluded.
8. Calculations use PAYG rates applicable as at 1 July 2010.
9. Any potential increase in net dispoable salary is based on the assumption that you would have otherwise paid for the superannuation contribution from post-salary (as opposed to salary packaging the additional superannuation from pre-tax salary). Such an increase will vary depending upon salary, employment circumstances, selected benefits and applicable tax treatment.
10. The calculations are for illustrative purposes only and are of a general nature.  The actual benefit per annum that could be achieved is dependant on applicable fees, your employer's Salary Packaging Policy, the amount salary packaged, your salary, and your personal financial circumstances.