Salary Packaging
Salary Packaging is nominating to swap salary for certain benefits paid by Swinburne from your pre-tax salary. By 'packaging' part of your pre-tax salary in return for benefits, you do not pay income tax on the amount for the packaged item, providing a tax saving and a greater total value of combined salary and benefits.
Employees should seek financial advice on whether to salary sacrifice any packaging options. Car leases are liable to Fringe Benefits Tax, payable by the employee, however, packaging a vehicle may still provide an overall tax saving. In general, the cost of the packaged item is paid directly from your salary to the provider.
The University allows employees to make Pre tax and Post tax deductions at a maximum of 90% of their gross earnings.
Click on an item for more information.
-
All Swinburne Employees on at least a 2 year contract with the University are entitled to package a vehicle.
-
You can salary package Child Care for any child care centre on campus. You may not salary package external centres.
-
Information on Salary Sacrificing and other Superannuation options.
-
You can salary package reserved and non reserved parking for Hawthorn and reserved parking for all other campuses.
-
Salary package and save on Gym Membership for Swinergy - Swinburne's sport and recreation centre situated on Hawthorn campus
