Hello fellow Ozbargainers,
I have salary sacrificed into my super in the past but have seen other package-able options on the Maxxia website that list other things such as laptops/HELP debt repayment etc.
My employer explicitly states super and novated lease options as their salary packaging options. Has anyone had any luck with requesting one of these other salary packaging arrangements and if so how did you go about it?
Awesome! Thanks for the info, I'll give it a bash with HR manager and see where we get.
Tacking onto this instead of creating a new post.
I've never salary packaged before, and I've been given a spreadsheet from work to fill out for consideration, I'm unsure what to ask for to make the most use out of it.
I don't have a mortgage and can't put my rent on there as I pay my housemate (home owner) directly without going through an agent.
No kids either and I own my car.
There's no mention of any company they use for the packaging so I'm guessing they do it themselves (not for profit)
Not sure what I can ask for just looking for some general guidance.
I'm thinking maybe for work laptop, phone, other tech? And trying to get something set up for private health and meals? I've heard it can be used for credit card repayments too, how would that work? I might be interested in a Novated lease as I'm keen on another car but definitely need to crunch numbers.
I will be chatting to an accountant once I figure out what to ask for and before I lock it in with the employer.
Hey OP,
You will need to ask your HR Manager, they along with your Finance team are the ones that broker the deals and decide what can be packaged.
It will depend largely on your industry. Working in different industries allows you to package different items using a Work Related Expenses account, through Maxxia.
Working in government usually allows you to package a phone and a laptop.
Working in education usually allows you to package a phone, a laptop and an iPad.
Unfortunately you are not able to package HELP debt, and there are no longer any deals to get a discount on this.
You would only achieve a reduction now by lowering your tax obligation by having and claiming legitimate deductions or reducing your annual taxable income, thereby reducing the Repayment Rate (percentage amount of income).
Thresholds are listed here: https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-th…
Good luck!