How much can I save?

Salary packaging can provide you with substantial savings. TFM Salary Packaging will provide you with the options available after considering your employer's tax treatment, your gross taxable salary and your personal situation. In other words, a package tailored to suit you now, showing you the tax savings available and the effect on your tax home pay.

Click a link below to view possible savings under each employer category.

Your employer is a Public Benevolent Institution

Your employer is a Public Hospital

Your employer is an Independent School

Your employer is a Rebatable Organisation, i.e. scientific institution, trade union or employer association

Your employer is a Corporate Employer

Public Benevolent Institution

As an employee of a PBI - Charity (non-hospital), you receive the first $15,900 of most benefits completely free of taxes (no PAYG or FBT).

Assuming the PAYG tax rate of 32.5 cents in the dollar, you could save approximately $5,000 after tax per annum. If other FBT exempt benefits or Meal Entertainment Card are added the total savings are increased.

Contact TFM Salary Packaging now to start saving. Each fortnightly payday, you could be around $200 better off.

Public Hospital

As an employee of a PBI - Public Hospital, you receive the first $9,010 of most benefits completely free of taxes (no PAYG or FBT).

Assuming the PAYG tax rate of 32.5 cents in the dollar, you could save approximately $2,900 after tax per annum. If other FBT exempt benefits or Meal Entertainment Card are added the total savings are increased.

Contact TFM Salary Packaging now to start saving. Each fortnightly payday, you could be around $110 better off.

Rebatable Organisation

As an employee of a rebatable employer, you can package items up to the value of $15,900 at a reduced FBT rate. This means your savings are almost double those enjoyed by employees of corporate taxpayers!

After-tax savings typically range from $3,500 to $6,500 per annum for a packaged motor vehicle alone, depending on the type of vehicle and the running costs per annum. These savings include PAYG tax and GST where applicable.

Contact TFM Salary Packaging now to start saving. Each fortnightly payday, you could be around $135 better off.

Corporate Employer

The most popular item packaged is a motor vehicle due to the combination of PAYG tax and GST savings. In most cases your package will consist of pre tax salary sacrificed and some post tax employee contributions, sufficient to zero out all FBT liability. When you salary package your car, we will show you the best method to use to maximise your savings.

After-tax savings typically range from $2,500 up to $6,000 per annum for a packaged motor vehicle alone, depending on the type of vehicle and the distance travelled per annum. The savings include PAYG tax and GST. When other FBT exempt items are added to your package, these savings are increased.

Contact TFM Salary Packaging now to start saving. Each monthly payday, you could be around $208 better off.