Salary packaging your mortgage or rent payments with Paywise allows you to use pre-tax income to cover these expenses and may provide tax benefits, depending on your circumstances.
By opting to salary sacrifice your mortgage or rent with Paywise, eligible employees may reduce their taxable income and the amount of tax they pay, depending on their circumstances. This option is particularly beneficial for employees in certain sectors such as charities, public health, and independent schools.
Salary packaging your mortgage repayments may help reduce the amount of tax you pay and increase your take-home pay, depending on your circumstances. Payments can be made either directly to your home loan or into your bank account.
We’ll just require a current loan statement and a signed declaration and we’ll make it happen!
Salary packaging your rent may provide tax benefits by allowing you to pay eligible rent expenses using pre-tax income. Payments can be made directly to your landlord or into your bank account. We’ll just need your current lease agreement and a signed declaration to make it happen!
Mortgage repayments and rental payments benefits available only for the property you live in.
Mortgage Repayments and Rent Payments are available as benefits to eligible employees in some sectors, including charities, public health and independent schools. To find out if you’re entitled to this benefit, speak to your Account Manager or Contact Us.
If you’d like to find out if you’re entitled to salary package your mortgage or rent, or to gainaccess to this benefit, please contact your Account Manager to confirm Salary Packaging options available to your and your company.
Salary packaging may provide tax benefits by allowing eligible expenses to be paid using pre-tax income.
