What can I Package?

Types of Expenses

EXPENSES THAT DO NOT HAVE GST (GST EXCLUSIVE).

These are the 'best' expenses, as you can salary package a maximum of $9,050for Hospitals and $16,050 for Public Benevolent Institutions (PBIs), if all your expenses are chosen from GST EXCLUSIVE items. Hence, these expenses are highly recommended.

EXPENSES THAT HAVE GST INCLUDED (GST INCLUSIVE).

As a result, there are slightly different tax implications (Salary Options will calculate this difference). From an employee's point of view, it is marginally better to do GST EXCLUSIVE items rather than GST INCLUSIVE items.

GST EXCLUSIVE ITEMS (expenses with NO GST) –max. $9,095 per year for Hospitals and $16,050 for PBIs, if all expenses are GST EXCLUSIVE:

Home mortgage repayments (not 'line-of-credit' accounts or rental properties
Personal loan or car loan repayments
Residential Rental payments
Private health insurance
Educational fees (eg. schools fees, prior year HECS payments)
Life insurance payments
Rates payments (council and water)
Child Care Expenses
Credit Card Expenses (not including cash advances)
International travel and accommodation
Medical and dental expenses

GST INCLUSIVE ITEMS (expenses that include GST) – max. $8,233.64 per year for Hospitals and $14,529.96 for PBIs, if all are GST expenses

Telephone, electricity or gas expenses (utilities)
Car Expense s (eg. servicing, repairs, maintenance, rego., CTP)
House repairs or maintenance
Car or Home & Contents Insurance
Domestic travel and accommodation (eg. airfares, holiday accommodation)
General purchases using the card.

EXEMPT FRINGE BENEFIT ITEMS (No capped amount)

Some fringe benefit items do not attract FBT. Therefore, you can salary package the above items plus any of the following items. You should discuss these items with Salary Options:

Additional Superannuation
Laptop or Notebook Computers (max. 1 per year)
Meal Entertainment