or a new laptop?

Want a
new car?
...or a new laptop?
You are now able to
salary package your next
car or laptop and pay no
Fringe Benefits Tax*
*Conditions apply. See inside for details.
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Key benefits of salary packaging your new CAR
or LAPTOP:
• No Fringe Benefits Tax
• No GST paid on the purchase price – save 10%
• Paid from pre-tax income
• GST credit on items packaged
• Choose from a wide range of cars and laptops – or we choose one for you
• One laptop can be purchased each FBT year
• Car may be leased for 100% private use
• More than one vehicle may be leased with employer consent
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Want a new car?
You are now able to salary package your next car and save.
You don’t need to be on a high salary to benefit from the tax advantages - just a full-time or
part-time employee!
When you take full advantage of salary packaging with Remunerator you also save 10% on the
purchase price of your new car – and pay no GST on all your running costs and maintenance.
Salary packaging your new car is easy with Remunerator.
Simply call
1800 501 703 or email [email protected]
An example of how it works...
Example based on an employee earning $60,000 p.a., vehicle worth $30,000
Annual Distance Travelled
Item
15,000km
15,000km
25,000km
45,000km
No Packaging
Packaging
Packaging
Packaging
$
60,000
$ 60,000
$ 17,632 1
Gross Annual Salary
$
60,000
$
60,000
Pre-tax car running & lease costs3
$
0
$
6,788 1
$
11,603 1
GST on Employee Contribution
$
0
$
515 4
$
283 4
$
180 4
Less GST Refund
$
0
$
1,144 5
$
1,394 5
$
1,894 5
Tax incl. Medicare Levy
$
13,500
$
11,361
$
9,845
$
7,945
Net Salary
$
46,500
$
41,850
$
38,552
Post-tax Employee Contribution
$
0
$
Post-tax car running & lease costs3
$
13,077
$
0
$
0
Net cash salary
$
33,423
$
36,191
$
35,439
Net benefit from packaging
$
0
$
2,768
$
4,766
Net saving over the life of the lease
$
0
$
11,072
$
19,064
5,660 2
$
3,113 2
$ 34,442
$
$
1,981 2
0
$ 32,441
$
7,268
$ 29,072 #
Note: pre-tax car running and lease costs reduced by amount of Employee Contribution
Employee contribution = FBT Value x Statutory Rate
3
Running cost includes 48 month lease with 45% residual, petrol, oil, registration, insurance, servicing
4
GST payable by employee on post tax contribution
5
Input tax Credit passed back to employee
Salary packaging fee not included. Figures are for illustration purposes only.
Taxation calculations are according to our interpretation of current legislation.
Figures may change at any time and are no substitute for legal or other professional advice.
1
2
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Want a new laptop?
Pay less by taking full advantage of salary packaging with Remunerator. Pay for your laptop
with pre-tax income, plus you can save 10% on the purchase price of your new laptop.
icant
Signifgs on
savinprices!
retail
Salary packaging your new laptop is easy with Remunerator.
An example of how it works...
How paying expenses from pre-tax income reduces the amount of income tax payable and increases take home pay.
Annual income: $66,000
Laptop cost: $1,189
Annual income: $66,000
Laptop cost: $2,000
No
Packaging
Packaging
No
Packaging
Packaging
Amount Packaged
$
0
$
1,159
$
0
$
1,900
Taxable Income
$
66,000
$
64,841
$
66,000
$
64,100
Tax Payable
$
14,790
$
14,424
$
14,790
$
14,191
Net Pay
$
51,210
$
50,417
$
51,210
$
49,909
Laptop (including GST)
$
1,189
$
0
$
2,000
$
0
Cash Remaining
$ 50,021
Item
Net saving:
Laptop cost is just:
$ 50,417
$
$
396
793
$ 49,210
$ 49,909
$ 699
$ 1301
1800 501 703 or email
[email protected]
Simply call
Salary packaging fee not included. Figures are for illustration purposes only. Taxation calculations are according to
our interpretation of current legislation as at 14 May 2008. Figures may change at any time and are no substitute
for legal or other professional advice.
Important Note:
To be eligible for a Laptop Computer from your pre-tax income, the primary
purpose for the Laptop must be for Work Related Purposes. You will have to
sign a Declaration at the time of claiming reimbursement for your Laptop.
Available to employees averaging 20+ hours per week (over six months).
Ask us about:
Other exempt benefit items:
• PDA
• Mobile phone or iPhone
• Brief case
Other deductable benefit items:
• Financial advice
• Work related tools
• Travel
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www.remunerator.com.au
Return by fax to:
PO Box 1247,
Camberwell VIC 3124
03 9882 5444
Ph. 1300 654 834
Salary Packaging Application Form
Please print clearly
Personal Details
Title (tick):
Dr
Mr
Mrs
Ms
Other (Specify):
Surname:
First Name:
Address:
Suburb:
State:
Postcode:
Date of Birth:
Mobile:
Home Phone: (
Work Phone: (
)
/
/
Fax: (
)
)
Email:
Employer Name:
Occupation:
Location:
Department:
Payroll Number:
Full Time / Part Time:
Please tick if applicable
Estimated annual income:
Casual:
Please tick if applicable
Most recent pay date:
Please attach a recent payslip to your application
Your nominated bank account details (savings, cheque or everyday account)
Account holders name:
Bank:
Branch:
BSB (6 digit number):
Account No.:
Laptop Computer or PDA
Please pay only $_______________ per year total
Fax invoice/receipt and Claim Form to 03 9882 5444 or post to PO Box 1247, Camberwell VIC 3124.
Money will be paid to nominated account. Claim forms can be downloaded from www.remunerator.com.au
Declaration: I wish to participate in the salary packaging program made available by the above mentioned employer. I have read, understood and
accepted the terms of the salary packaging policy as set by the above mentioned employer. I agree that all costs and charges associated with entering into
the salary package will be met by me from the next available pay period. I have read, understood and agree with Remunerator’s Privacy Statement, which
is available at www.remunerator.com.au
Signature:
Important: Please supply all additional documents for taxation purposes.
Date:
/
/
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www.remunerator.com.au
Return by fax to:
PO Box 1247,
Camberwell VIC 3124
03 9882 5444
Ph. 1300 654 834
Work Related Expenses Certification
Please print clearly
Employee to complete
Surname:
Given Name(s):
Agency/Company
I, the employee named above, seek to include the following items in my Salary Sacrifice arrangements.
(Indicate as applicable)
Laptop/notebook
(Details
)
Mobile Phone
(Details
)
Briefcase
(Details
)
Electronic Diary
(Details
)
Calculator
(Details
)
I, the employee named above, certify that the claimed items are primarily for use by myself in my employment.
Signature:
Date:
/
/
Employee’s Line Manager to complete
As Line Manager for the employee named above, I certifiy that I understand the items listed above are primarily
for use in the employee’s employment.
Signature:
Date:
/
/
Name:
Position/Department:
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Salary packaging your new car or laptop is easy
with Remunerator.
1800 501 703 or email
[email protected] if you want a new car
Simply call
#
or laptop with no Fringe Benefits Tax.
#
FBT payable only if budgeted annual kilometres are not achieved.
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