How do I set up smart pay?
If you're ready to make the most of your pay packet and start packaging your salary, here's what you need to do.
- Tell us who you work for.
- Browse the items available for packaging.
- Pick your items and signup.
- Upload your documentation.
- Start saving!
Is salary sacrificing a car worth it?
Car salary sacrificing is a great alternative to running a fleet of company cars, with a lot less stress and effort involved. Employers carry no risk in car salary sacrificing. If the employee leaves, they are the one who will need to make car payment arrangements with the finance company.
How much can I salary sacrifice Qld health?
Salary package your mortgage, rent, personal loan and save! You can claim up to $9,010/$15,900 per FBT year and, by packaging these costs under your employer's tax-free cap entitlement, you can significantly reduce your annual tax bill.
How much can you salary sacrifice per year?
How much I can contribute? You can't contribute more than $27,500 per year under the concessional super contributions cap or penalties will apply. It's also important to note that contributions made into your super as part of a salary sacrifice arrangement are not the only contributions that count toward this cap.