PBI
The smarter way to make the most of your pay
How it Works
Salary packaging is an Australian Taxation Office (ATO) approved method of receiving your remuneration package in a combination of cash salary and non-cash benefits, such as cars, living expenses, professional membership fees and extra superannuation. By paying for these items with a pre-tax deduction, you will only be taxed on the remaining income. Anyone who is employed, and has approval, is able to salary package and potentially save thousands of dollars each year.
easisalary partner with you and your employer to set up and explain salary packaging in easy to understand terms. We then assist your Payroll Department with applying the packaging schedule and provide assistance with managing the ongoing deductions.
Meet Brad
Brad is an HR manager for a charity and earns $130,000. Due to the tax concessions for the charity, he can package a gross up of $30,000 and elects to use that for his mortgage, paying $15,900 per year in pre-tax salary. In addition, he has a private motor vehicle that he wishes to package under a novated lease. Brad pays for the full running costs and lease payments in pre-tax salary and makes a post-tax contribution to the running costs, which offsets any Fringe Benefits Tax. The total cost of running his car is $15,400 per year.
Salary packaging items available for PBI employees include
- Airport lounge membership
- Credit Card
- Childcare (employer provided only)
- Financial advice
- Gym membership
- Income protection insurance
- Investment loans
- Phones, Laptop or Notebook computers (PEDs)
- Meal Entertainment
- Living Away from Home Allowance
- Mortgage Payments
- Novated Lease
- Parking (Onsite)
- Professional Subscriptions
- Relocation expenses
- Rental
- Self-Education Expenses
- Superannuation
- Uniforms
- Union membership
- Work Related Travel Expenses
Get Started
Choose a Benefit
Get an Instant Quote
Let us handle the paperwork
Enjoy the Savings
