NSW Health Salary Packaging
Take home more pay on payday. Simple and hassle-free salary packaging
Take home more pay on payday. Simple and hassle-free salary packaging
You may be eligible for some of the most generous salary packaging benefits available, which could save you thousands of dollars in tax each year.
In fact, over 70%1 of doctors, nurses and other healthcare workers are already taking advantage of salary packaging and saving on their mortgage, rent and other everyday living expenses.
Salary packaging (also known as salary sacrifice) is an Australian Taxation Office (ATO) approved benefit that allows you to pay for certain items with your pre-tax salary.
That means you could pay less tax, and keep more of your income when you salary package.
Salary package a range of everyday living expenses such as mortgage, rent, bills and other everyday items up to the value of $9,010 every Fringe Benefits Tax (FBT) year (1 April - 31 March).
Salary package up to $2,650 when you dine out with your family or friends and you could save.3
Car leasing, also known as novated leasing, is one of the easiest and most cost-effective ways to buy and run a car. In fact, you could save thousands over the lifetime of your lease.4
Car leasing, also known as novated leasing, is one of the easiest and most cost-effective ways to buy and run a car. In fact, you could save thousands over the lifetime of your lease.4
Employees who live and work in an area classified as ‘Remote’ by the ATO, may be eligible to salary package the cost of rent, mortgage interest and property purchase.
In addition to the salary packaging savings available to you, as a Smartsalary customer, you can also access a great range of rewards.
Important information:
NSW Health strongly recommends that employees obtain independent financial advice before entering into a Salary Packaging Agreement.
The availability of benefits is determined by your employer. Conditions and fees apply.
1 Over 70% figure calculated by comparing the number of current salary packaging customers to the total number of employees eligible to salary package for PBI 17 healthcare organisations where Smartsalary is the sole salary packaging provider.
2NSW Health strongly recommends that you obtain independent financial advice prior to entering into, or changing the terms of, a salary packaging arrangement. As per your employer’s policy, 50% of your savings from salary packaging are to be shared with your employer, with eligible staff employed on HSU Awards sharing 30% of your savings from salary packaging with your employer. Share of savings will be automatically applied to your salary packaging arrangement.
3 There’s a cap across Meal and Entertainment benefits of $2,650 per FBT year (1 April –31 March). Eligibility for the Holiday Accommodation and Venue Hire benefit is dependent on your industry and employer.
4 NSW Health Leasing Providers: As an employee of NSW Health, if you choose to take out a novated lease, you must use one of the approved novated leasing providers. It is recommended that you source at least three quotes and seek financial advice prior to entering into a novated leasing arrangement. To find out more about how to access this discount, please contact:
Smartleasing | 1300 144 873, LeasePLUS | 1300 13 13 16, Maxxia | 1300 123 123
5 Savings example is for illustrative purposes only and is based on the income tax rates for the 2022/23 financial year. Your actual savings will depend on your income tax bracket, the GST processing method nominated by your employer, administration fees payable under your employer’s salary packaging plan and your personal circumstances. As per your employer’s policy, 50% of your savings from salary packaging are to be shared with your employer, with eligible staff employed on HSU Awards sharing 30% of your savings from salary packaging with your employer. Share of savings will be automatically applied to your salary packaging arrangement.
6 Savings example is based on the assumption that the full $9,010 tax-free cap has been salary packaged per FBT year (1 April – 31 March).
7 Savings example is based on the assumption that the full $2,650 cap has been salary packaged towards the Meal Entertainment benefit per FBT year (1 April - 31 March).
8The NSW Health Living Expense and Meal Entertainment Mastercard is a prepaid, reloadable Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131. Please consider if this product is right for you. Read the PDS for more information. Mastercard and the Mastercard brand mark are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Additional fees apply.
