Salary packaging could benefit all income earners – no matter how much (or how little) you get paid.
As long as you're paying income tax, salary packaging could potentially lower your taxable income and may reduce the amount of tax you pay.
For example:
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An employee for a health organisation or department on an annual salary of $60,000, who fully packages to their $9,010 FBT exemption cap, could save up to $2,796 each year*
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An employee for a public department on an annual salary of $60,000 who packages $3,000 in superannuation contributions could save up to $873 each year*
The Queensland Government strongly recommends that employees obtain independent financial advice before entering into a Salary Packaging Agreement.
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Check out our salary packaging calculator to estimate how much you could save.
Important information: Salary packaging is only available to eligible employees of the Queensland Government as per the Standing Offer Arrangement QPG0065-21. The implications of salary packaging for you (including tax savings and impacts on benefits, surcharges, levies and/or other entitlements) will depend on your individual circumstances. The information in this publication has been prepared by RemServ for general information purposes only, without taking into consideration any individual circumstances. RemServ and the Queensland Government recommend that before acting on any information or entering into a salary packaging arrangement and/or a participating agreement with your employer, you should consider your objectives, financial situation and needs, and, take the appropriate legal, financial or other professional advice based upon your own particular circumstances. You should also read the Salary Packaging Participation Agreement and the relevant Queensland Government Salary Packaging Information Booklets and Fact Forms available via the Queensland Government Arrangements Directory. The Queensland Government strongly recommends that you obtain independent financial advice prior to entering into, or changing the terms of, a salary packaging arrangement.
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