Salary Packaging

Murdoch University offers employees a Flexible Remuneration Program (commonly known as salary packaging).

Salary Packaging is an Australian Tax Office approved means of allowing employees to effectively restructure their income.  It is an alternative way of being paid by sacrificing some gross salary in return for non-cash employer provided benefits.

Salary Packaging works by transferring the way you pay for a service or goods, from post-tax to pre-tax.  Effectively, the marginal tax rate that you are on is the saving that can be obtained from Salary Packaging (less any other taxes and charges).

You can choose from a range of benefits which will be paid for by Murdoch University on your behalf, instead of receiving gross salary with PAYG tax deducted.

Murdoch University recommends staff seek specialist salary packaging advice prior to committing to flexible remuneration.  Further information is available from these documents:

• Flexible Remuneration Packaging Manual
• Flexible Remuneration Packaging Schedule

For further information, please email HRSalPack@murdoch.edu.au or call extension 6140.

Range of Benefits

Their are four categories of benefits available to you:

1. Motor Vehicles - via a Novated Lease
2. Exempt/Concessionally Taxed Expenses - these benefits are exempt or concessionally treated for Fringe Benefits tax (FBT)
   - In-house Childcare
   - In-house Bookshop
   - In-house Veterinary Hospital Services and Goods
   
3. Otherwise Deductible Expenses
   - Self Education and Professional Expenses (must be relevant to your occupation)
   - Salary Packaging Advice Fees
   - Income Protection Insurance
   - Union Deductions
   - Car Parking
4. Superannuation
   - Compulsory and Voluntary UniSuper Contributions
   - Private Superannuation Contributions