Make Business Travel More Affordable
Eligible employees can salary package your work-related travel expenses, allowing you to pay for business travel from pre-tax salary. This reduces your taxable income and increases your take-home pay. Remunerator offers a convenient solution, making it simple to manage your travel expenses through salary packaging.
Work related travel is eligible to be salary packaged. This allows you to pay for your business travel expenses from your pre-tax salary, effectively reducing your taxable income. 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.
In addition, you may not have to pay GST for this benefit.
Employees who incur work-related travel expenses and whose employer offers salary packaging may be eligible. Eligible depends on your employer's policy and industry sector.
Eligible costs include:
Work related travel is exempt from Fringe Benefits Tax (FBT).
You may not have to pay GST for the 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.
Expenses are not included as part of the capped salary packaging threshold amount if health and charities sector. This benefit is FBT exempt and non reportable, so not included on your payment summary.
Remunerator's reimbursement method is used when salary packaging this benefit.
Payment Options
