How does salary packaging work?

Salary packaging reduces your tax and increases your disposable income by allowing you to pay for certain expenses before your income tax is calculated. So on payday, your bills are already budgeted for, you’ve paid less tax, and there’s more money in the bank for you. 

Here’s the difference between how your pay is calculated without salary packaging and how it’s calculated with salary packaging in place.

Salary packaging really is that simple

 

Salary packaging with Selectus couldn’t be easier. Just tell us which expenses you want to include in your salary packaging, and how much. We arrange it all with your employer’s payroll office so once your application has been processed, there’s nothing more for you to do. If you’re still wondering, ‘how does salary packaging work?’, the easiest way is to check out all the benefits. Take a look here >