What is Salary Packaging?

Salary Packaging is a simple way of using your current salary to pay for items pre-tax. These items are the benefits Paywise provides to support you on your day to day journey. You could have the opportunity to package multiple items that save you time and money enabling you to create the hassle-free lifestyle you have longed for


Why Salary Packaging?

Salary Packaging was created to save you money on daily items such as vehicles, portable devices and general day to day living expenses. Paywise has made all of the packaging and benefit items available to simplify what you package by supporting you on a day to day basis. Saving money is key to a relaxed lifestyle so you have the money to do the things you really love.

Items you can salary package.

Novated Lease Vehicles

Conventionally most people buy their cars outright or get a car on finance. With Novated Lease Vehicles you can now pay for your car and save a huge amount of money while including all your running costs, this convenience is literally at your fingertips.


If you work in an industry that allows you to package your mortgage you will be able to enjoy the luxuries of added savings while taking advantage of a fruitful benefit. Packaging your mortgage is simple and easy to do.

Living Expenses

Meals & Entertainment

Rental Payments


Salary packaging can reduce your taxable income however it can increase the gross value of your income. This is known as your ‘adjusted taxable income’ which equals your salary plus the gross value of your fringe benefits ($50,000 +$17,667 = $67,667). Your adjusted taxable income will be assessed by the ATO when working out how much you should pay towards your HECS or HELP repayments. It is recommended you seek advice and consider increasing your regular HECS or HELP repayments to avoid a debt at tax time.

Salary Packaging is not only for full time employees, if you work casual hours or part time and your employer allows you to participate in salary packaging Paywise is here to help.  If you are earning under the tax-free threshold of $18,200 you may no longer be required to pay income tax or the Medicare levy therefore this could affect your ability to salary package and independent financial advice is recommended.

Paywise has negotiated a competitive salary packaging administration fee with your employer.  Our fee covers the establishment and maintenance of your account as well as your FBT year end reporting.  Additional charged may apply for novated leases, meal entertainment cards and living expenses cards.  Please speak with our Member Services Team on 1300 132 532 for further information.

Paywise and your employer highly recommend seeking independent financial advice in relation to the impact salary packaging will have for you.  In most cases you can salary package the cost of the financial advice or claim back in your income tax return.  Paywise is not licensed to provide you with financial advice.

Salary packaging can reduce the amount of tax you pay by paying for expenses using pre-tax income. By reducing the amount of tax you pay, salary packaging will leave you with more money to meet your personal and financial needs.  On average, you could save over $2,700* a year in income by salary packaging with Paywise.

Why not try our Salary Packaging calculator or Novated Lease calculator and see how much you may save by salary packaging with Paywise.

*$2,700 tax savings based on a public health employee salary packaging the $9,010 FBT cap threshold per Fringe Benefits Tax year  earning $50,000 per annum, includes the Paywise Administration fee. Income tax savings based on the 2016/2017 financial year tax rates and includes Medicare Levy of 1.5%.

Capped benefits are those fall within the FBT threshold limit without paying FBT.   Your employer determines your eligibility to access capped benefits, for example if you work within the public health sector or  for a charity you will likely have access to salary package capped benefits.   Eligible employers can access either a $31,177 or $17,667 annual cap for benefits such as mortgage, rent and Living Expenses.