These are not fringe benefits if your employer pays them to a complying super fund. To find out if youre eligible, speak to your employer, or get in touch with us today. What is salary packaging? Salary packaging is an Australian Taxation Office approved way of paying for some items with your pre-tax salary, which lowers your taxable income and increases your take-home pay. Salary packaging. 484063) to provide credit assistance to you. As an employee of NSW Health, your salary packaging program is offered on the provision that the benefit, through saved income tax, is shared equally. This limit reduces to $8,172 for items which incur GST. The Westmead Redevelopment Project and the Blacktown and Mount Druitt Hospitals Expansion Project are major initiatives of the NSW Government, and enable WSLHD to change the way it cares for our community. Paid sick leave of 10 days per annum is available once you have completed three months work with us. This oneyear absence may be for professional and personal development, such as participation in other industry experience; post graduate study; working in overseas health systems; or for other activities, including those of a non-professional nature unrelated to the practice of nursing and midwifery. If you exceed these cap limits, you may incur an FBT Liability. Subject to the terms of any contract of employment or industrial agreement, you can renegotiate a salary sacrifice arrangement at any time. We ask that you stay for a minimum of 18 months, that way youll get access the full incentive package up to $10k! Try the calculator to see how much extra take-home pay youre entitled to. paid parental leave and Allocated Days Off (ADOs), Fitness Passport (affordable gym membership in numerous locations and facilities), A culture of collaboration, respect, empowerment and openness, Free vaccinations and immunisations for all HNE employees, Full Time, Part Time, Casual, Secondment and Various employment opportunities (in accordance with role specifications and upon negotiation with manager), Flexible days and hours (upon negotiation with manager and dependent on role), Mentoring programs for professional development and career progression, A level of autonomy and responsibility with capacities for leadership, The opportunity to learn from and collaborate with experienced clinical and non-clinical professionals, Ongoing support and in-house training with, Award allowances and incentives (upon negotiation with manager and dependent on role), Superannuation contributions and salary sacrifice options, Leave entitlements including paid maternity and parental leave, FACS, long service, study leave and ADOs, Access to childcare for HNE employees working at the John Hunter Hospital, Tamworth, Moree and Lake Macquarie. As an HNE employee you are entitled to salary packaging options. Pros Good pay. Salary packaging is a simple way to increase your take home pay each fortnight by reducing your taxable income and therefore the amount of tax you pay. We actively promote the employment of Aboriginal and Torres Straight Islanders, people with disability, those identifying as LGBTIQ+, and people from diverse cultural backgrounds so we can connect with our customers and the communities we serve. Members of the Strategic Executive Committee will nominate (Individuals or teams) who will be invited to join the Strategic Executive Committee for a luncheon to recognise and celebrate their success. Salary Packaging (i) By agreement with their employer, employees may elect to package part or all of their salary in accordance with this clause, to obtain a range of benefits as set out in the NSW Health Policy Directive 2018_044 Salary Packaging, as amended from time to time. enter the arrangement before you perform the work, the amount to be sacrificed and any surcharges. 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The information provided in this form is true and correct to the best of my knowledge. In return, they are afforded exemptions that allow them to salary package up to $9,010 in living-expense items that attract Fringe Benefits Tax (FBT) items that many other sectors, such as education and governmental departments, are ineligible to package. Salary package a range of personal expenses including novated motor vehicle leases, relocation expenses, and HECS/HELP debt. Once your tax-return is completed the actual tax payable will be calculated based on the combined income from both employers. And, as with other sectors, health workers can package as many FBT-free benefits as they like including self-education and work-related expenses and they can also take out a novated lease in addition to the aforementioned caps. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. Are you a staff specialist? the taxable value of the car fringe benefit will be $7,000(which is the cost of the car multiplied by the statutory rate, in this case$35,0000.20) and, $17,353if no employee contributions are made. Yes. We don't provide advice on entering or rejecting a salary sacrifice arrangement. We offer a range of workplace health and wellbeing opportunities to help you live well. Seek professional independentadvice before making a decision. However, before entering into a salary sacrifice arrangement you should consider impacts and associated costs. All Nurses and Midwives employed in NSW Health have the option to apply to participate in a Career Break Scheme. If your employer has to pay FBT, they may ask you to make an employee contribution to reduce the FBT they have to pay. Local recognition and reward activities should be a part of regular team activities, a way to acknowledge peoples contributions and celebrate their success. Read on as we explain how it all works and share some of the benefits that are available to eligible employees. If the arrangement doesn't meet the requirements of an effective salary sacrifice arrangement, you pay tax on the benefits as assessable (or taxable) income at the time you receive the benefit. Staff can claim up to $9,009 per fringe benefit tax year (1 April 31 March) on items which are not subject to GST. A range of items can be salary packaged for example living expenses - bills, mortgage repayments, novated leases and meal entertainment expenses. Features: Ready to get started? As an Officer you are eligible to package up to 30% of your fortnightly allowance. Onboard Finance authorises Maxxia Pty Ltd ABN 39 082 449 036 (Credit Representative no. Would you and your family enjoy having access to multiple gyms and pools in the area for less than the cost of membership for just one gym or pool? We will work with you to provide a payroll file format that integrates with your payroll system, ensuring a seamless and smooth process. Drop us a message if you want to talk about working together, or just to have a chat - we'd love to help! Salary packaging allows you to receive part of your pre-tax remuneration in the form of benefits rather than receiving it all in salary. Fitness Passport offers employees access to gyms and fitness services that are current members of its program on a minimum 12 month contract. Salary packaging is an Australian Taxation Office approved way of paying for some items with your pre-tax salary, which lowers your taxable income and increases your take-home pay. Salary packaging is available to most permanent full-time, permanent part-time and temporary employees. The Research and Education Network (REN) governs and nurtures research and teaching at WSLHD, and helps provide an environment that fosters innovation. Hunter New England Local Health District (HNELHD) has worked hard to ensure excellence in the career opportunities provided to our employees, as well as excellence in rewarding experiences. If you are a NSW Health employee and have recently received a letter from your employer advising that SalaryPackagingPLUS is your new provider, click here for more information. Salary packaging restructures the way in which you receive income, which may maximise disposable income. payment of your expenses for loan repayments, school fees and childcare costs. A separate position induction may be undertaken for specific professions or disciplines. having the benefits reported on your income statement in myGov or payment summary. An employee's current salary is $70,000 per annum. As a NSW Health employee, the arrangements for your salary packaging are based on a 50% share of savings arrangement. You and your employer agree for you to receive less income before tax and in return your employer pays for certain benefits of similar value for you. Your employer won't have to pay FBT on exempt benefits, such as: Salary-sacrificed super contributions under an effective salary sacrifice arrangement are considered to be employer contributions. We are committed to supporting all employees to reach their potential. SALARY PACKAGING OF SUPERANNUATION EMPLOYER GUIDELINES . What this means is if youre one of the million-plus Australians employed in the health industry, you could, depending on your employer, put $9,010 in tax-free dollars towards costs that youd ordinarily incur anyway such as groceries, utility bills and mortgage or rent repayments. Salary packaging is available to most permanent full-time, permanent part-time and temporary employees. Please enable scripts and reload this page. HNE Health has held annual Allied Health Awards to recognise the important contribution Allied Health Professionals make. If you are a full time employee and work 40 hours a week then you can take a day a month as a paid ADO. If you have a secondary job, you may only claim the tax free threshold from one employer. Employees who complete a minimum three years of service in an eligible role and location may receive approval for a right of return to their substantive position or a priority transfer to their preferred location following their completed incentivised service. The Position Induction occurs where individual job roles require specific position induction information. FACS leave is available for a range of personal reasons encompassing family responsibilities, performance of community service or cases of pressing necessity. However you must advise Centrelink that a portion of your pay will be tax free and you will have a reportable fringe benefit. But what if you could pay for them with your pre-tax money, potentially reducing your taxable income? The employee and employer negotiate a salary sacrifice arrangement for a $3,000 laptop for work purposes. This is supported by ISLHDs Leadership Practices Framework and Guide. WSLHD has four vehicle leasing providers for staff to choose from, allowing you to pay the finance and running costs of the car out of your pre-tax salary. Enquire now Everyday living expenses Salary packaging works by reducing your gross salary by the cost of the benefit provided (which includes your share of the tax savings and the administration fee).