Travelling for Work
Work related travel is eligible to be salary packaged. These expenses are totally exempt from FBT.
In the Health and Charities sector this means it can be packaged in addition to the threshold (capped) amount for your Sector, tax free.
When paying for Work Related Travel using pre-tax salary, your taxable income will reduce, thus resulting in you paying less income tax. In addition, you may not have to pay GST for this benefit.
Travelling for Work
Bus Travel to Work
You may be able to salary package your bus travel from home to work on TransLink bus services in South East Queensland with a go Bus Travel Benefit card.
You may not use this card for any other modes of transport, other than buses, regardless of whether the card can also be used for trains, trams, ferries etc.
Refunds are available only when you exit the bus benefit program or at the end of your employment with your Employer.
Bus Travel to Work
Relocation
You can salary package expenses incurred as a result of relocation, if the relocation is solely due to gaining employment with your Employer or relocating to a new work location, per your Employer’s policy.
You can salary package :
Removal and storage of household effects
Expenses relating to the sale or acquisition of a house
Engagement of a relocation consultant
Transport as a result of relocation
Relocation
e-Bike
You can take advantage of salary packaging the cost of purchasing an e-Bike.
Click here to download our brochure for more information on this tax free solution to the daily commute.
Click here to apply to package an e-Bike.
This benefit item is exempt from Fringe Benefits Tax (FBT). In addition, you may not have to pay GST.
When paying for an e-Bike using pre-tax salary, your taxable income will reduce, thus resulting in you paying less income tax.
e-Bike
Other Work Related Expenses
Your employer may allow you to package other work related expenses such as home office and self education if directly related to your current employment. You may not have to pay GST for these benefits.
Yo u should discuss with your Employer to confirm your company policy if you are unsure.
In the Health and Charities sector this means it can be packaged in addition to the threshold (capped) amount for your Sector, tax free.
Important Note:
All Work Related Expenses packaged are exempt from FBT and cannot be claimed as an income deduction as well. They will not appear on your payment summary.
Where GST is payable for the service, your employer is able to claim an Input tax Credit (ITC) – GST refund. This ITC may then be passed back to you, the employee.
Expenses are not included as part of the capped salary packaging threshold amount if Health and Charties Sector.
Other Work Related Expenses
Professional Subscriptions and Membership
Subscriptions and Membership that benefit your profession can be packaged. You may not have to pay GST for this benefit.
Professional Subscriptions and Membership
Car Parking on Employer Premises
Car Parking Fees, where the service is provided on your employer’s business premises is eligible to be salary packaged. These expenses are totally exempt from FBT.
In the Health and Charities sector this means it can be packaged in addition to the threshold (capped) amount for your Sector, tax free.
When paying for On-site Car Parking using pre-tax salary, your taxable income will reduce, thus resulting in you paying less income tax. In addition, you may not have to pay GST for this benefit.Where GST is payable for the service, your employer is able to claim an Input tax Credit (ITC) – GST refund. This ITC may then be passed back to you, the employee.
Car Parking on Employer Premises
Mobile Phone
The purchase price of a mobile phone can be packaged if it is used at least 50% for business purposes and forms part of your Employer's Salary Packaging Policy. You may not have to pay GST for this benefit.
In the Health and Charities sector this means this benefit may be packaged in addition to the threshold (capped) amount for your Sector, tax free.
Mobile Phone
iPad / Tablet / Laptop
Each FBT year the cost of one iPad / Tablet / Laptop computer can be included in your salary package if it is primarily for use in your employment AND forms part of your Employer's Salary Packaging Policy. You may not have to pay GST for this benefit.
This benefit item is exempt from Fringe Benefits Tax (FBT). In the Health and Charities sector this means the benefit may be packaged in addition to the threshold (capped) amount for your Sector, tax free.
When paying for an iPad / Tablet / Laptop computer using pre-tax salary, your taxable income will reduce, thus resulting in you paying less income tax.
iPad / Tablet / Laptop
Income Protection Insurance
Income Protection Insurance premiums can be packaged.You may not have to pay GST for this benefit.
Income Protection Insurance
Airport Lounge Membership
All your airport lounge membership fees can be packaged. You are entitled to join an unlimited number of airline lounges, of your choice. You may not have to pay GST for this benefit.
Airport Lounge Membership
