235,000 people like you love salary packaging
Beginning your new role? Start by maximising your pay.
What is salary packaging?
Put simply, it is a better way to make the most of your pay. It allows you to access some of your salary before tax is taken out which could lower your taxable income and save you money.
As a health worker, your life is dedicated to looking after people. So, we’d like to look after you by showing you how you could save thousands every year. Choose salary packaging and you could join many of your co-workers who are already maximising their pay.
It’s easy, 100% ATO approved and totally worth it.
Nurse Milli earns $60k pa. How much will she save in tax?
Great question. As a health worker on $60k pa, here are the typical allowed benefits;
Packaging $9,010 towards living expenses, which is the maximum cap.
Packaging $2,650 towards Meal Entertainment, which is the maximum cap.
Milli would receive a net benefit of $3,644* per year.
If you earn more than Milli, chances are that you could end up with more. Exciting isn’t it.
*Estimate only. Individual circumstances may vary
Like to know more? Kick back and press play.
Sign up to salary packaging, your way
Maxxia’s Online Signup is the easiest and quickest way to start salary packaging. Click on the video to view our step-by-step guide for health workers on how to sign up to Maxxia salary packaging.
Can’t sign up online?
Fill out this form and we will have one of our experts call you.
So, what can you package?
We’ve created a short video series and easy-to-digest information to introduce you to Maxxia, and help you understand the benefits and features of salary packaging a range of everyday living expenses.
Salary packaging with a HECS-HELP debt
It’s important to know that you could still potentially benefit from salary packaging even if you have a HELP (Higher Education Loan program) or HECS (Higher Education Contribution Scheme) debt.
There are some important points to be aware of:
- It’s important to remember that salary packaging may affect your current taxable threshold, which could change the way the ATO calculates your repayments.
- The Australian Taxation Office (ATO) assesses you on your ‘adjusted taxable income’ when working out how much you should pay in HELP or HECS repayments. So with an increased gross salary, you may need to increase your regular HELP or HECS repayments, otherwise you may end up with a bill at tax time.
- If you choose to go ahead and salary package, you’ll need to ask your payroll department to deduct additional HECS-HELP repayments.
How much? Maxxia has an online HECS-HELP calculator which will estimate the additional amounts you might need to request through your payroll, as well as your potential tax savings as a result of salary packaging. - You can crunch the numbers for yourself.
Ask your work pals if they love salary packaging
Ask around, then sign up. You’ll join thousands of health workers who take home thousands of dollars extra each year.
*Assumptions: The estimated potential tax benefit is based on the assumption that the disposable income is based on an eligible employee with an annual salary of $60,000 salary packaging to a $9,010 per annum limit and claiming $2,650 in venue hire and meal and entertainment expenses. PAYG tax effective 1 July 2024 have been used. An average salary packaging administration fee has been used. The actual administration fee that applies to you may vary depending on your employer. Your disposable income will vary based on your income and personal circumstances
The Meal Entertainment benefit has a maximum annual cap limit of $2,650. This will appear as a reportable fringe benefit on your Payment Summary each year which will be included in a number of income tests relating to certain government benefits and obligations. This cap is separate from the FBT cap limits for everyday living expenses.
Important Information: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Conditions and fees apply, and you should consider if they are acceptable before you accept any arrangements with Maxxia, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your employer’s approval. Maxxia may pay and/or receive commissions in connection with its services.