January 16, 2022. Follow us on: +61 3 9418 7400 info@infoxchange.org www.infoxchange.org +61 8 8212 8555 BSB - 325185 Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237 856 2021 The following table illustrates how salary sacrificing and employee contributions work, by comparing the net disposable income for Sam in three scenarios for 2019-20: Call 13 25 85 within Australia. Give your team even more tax-free income and support better work-life balance with the CBB Meal Entertainment and Holiday Accommodation Card, which provides an additional $2,650 every year (on top of their $15,899 tax-free through salary packaging). Annual salary Annual beneit Fortnightly beneit $25,000 $1,512 $58 $30,000 $2,842 $109 $40,000 $3,691 $142 $50,000 $4,014 $154 $60,000 $5,364 $206 $65,000+ $5,485 $211 Rent or mortgage Personal loans Credit cards Learn more about salary packaging at: cbb.com.au/discover-salary-packaging Mobile app and mobile Conditions General This card can be used wherever Visa is accepted, and can be used for all your day-to-day living expenses. Our Customer Relationship Centre staff are here to assist you over the phone. The Nevada Cannabis Compliance Board (CCB) is hereby issuing Public Health and Safety Bulletin 2022-02 on March 30, 2022 advising consumers and patients to avoid or take caution when consuming the cannabis products which are the subject of this notice. It can be a good alternative to . Application for bail by chatters. Smartsalary Meal and Entertainment Card. Answer: Any request to close a Salary Packaging or Meal Entertainment card need to be directed to CBB. 3. salary packaging | not for profit advisory | CBB is driven by a clear mission to improve the capacity and sustainability of our fellow . This is a combined limit of both meal entertainment (receipts) and the Meal Entertainment Card. A salary packaging card (living expenses card) allows an individual to use pre-tax income for purchases associated with everyday living such as groceries, clothes, fuel or pay for expenses like utility bills. You can also take care of general living expenses with a CBB Salary Packaging Card. 10. Mar 30, 2022. Meal entertainment. Visit cbb.com.au Instead of this Without SP With SP 5-10% more or email hr@infoxchange.org . See all Novated Leasing / Salary Packaging Services. This provides you with an additional $2,650 tax free per year, saving you even more on tax. Your gross annual salary. Overview WEX Motorpass vs Credit Cards WEX Motorpass vs Single Branded Fuel Cards WEX Motorpass vs Fleet Cards. using your salary packaging Want to know more? Get the Salary Packaging Cardholder Application Form - CBB you want. Apply Online; Help Centre; 1300 366 109; Make a Payment; Search; There is one caveat: if you don't end up using the money for your . You can salary package up to a maximum amount of $15900 depending on your employer type, such as PBI, Charity, Rebatable or Full FBT exempt organisations. Enquire Now. If you don't specify your employer, you can still use the calculator to give you general estimate of your salary packaging savings. The increased financial freedom is helping people stay in the jobs they love - in fact, 85% of our customers say that salary packaging helps them stay in their current role. Available to eligible Health and Charity employees, the Wallet card is the easy and convenient way to access your salary packaging funds, 24 hours a day. Please specify employer. the login you require. You would pay $1,500 in tax on that $10,000 in super compared to $3,450 you would have to pay otherwise a saving of $1,950. Eligible expenses are 'packaged' and paid to you as tax-free salary, reducing your tax bill and potentially increasing your take home pay by thousands each year. View Statistics. Follow us on: +61 3 9418 7400 info@infoxchange.org www.infoxchange.org +61 8 8212 8555 Sign up for a Smartsalary Card to make packaging your meal entertainment expenses easier! Salary Packaging Application salary.com.au Page 1 of 3 Send your completed form to info@salary.com.au or post to PO Box 252 Flinders Lane, VIC 8009. . This comes to a total of $31,044 per year. Salary sacrificing is a financing option that lets you make car repayments out of your pre-tax salary, reducing what you pay in tax and automating your repayments. The Class Ruling for this product has been approved and published by the ATO (CR 2016/18). Pay Frequency. Complete a Salary Packaging Application Form with your employer. Vehicles subject to availability. Your partner can also receive a CBB salary packaging card to use. The 16 best Novated Leasing / Salary Packaging Services in 2022 ranked based on 6,153 reviews - Find consumer reviews on ProductReview.com.au, Australia's No.1 Opinion Site. If you have any questions call us on 1300 133 697. 2. using your salary packaging 1. Claiming electronic devices For more information, you can contact our Customer Care Team on 1300 763 505. pay the Card fee as part of my salary packaging arrangement. The NAB Meal Entertainment Card is a handy credit card to use instead of manually submitting their salary packaging claims for their meal and Remunerator PO Box 7296 AccessPay has been a leading provider of salary packaging and employee benefits to the not-for-profit sector since 2001. User #388182 13419 posts. Page 1 of 3 APPLICATION FORM -SALARY PACKAGING CARD To order your new Westpac Solutions and/or Entertainment card(s), please complete this form and return to Salary . Salary packaging is the easy way to boost your income. Salary packaging is an ATO approved method of using concessions available to your employer to reduce the tax you pay. Meal Entertainment and Holiday Accommodation Card. There are some instances . . Weekly Fortnightly Monthly. Can I make a cash deposit into my card? An email will them be sent to you to allow you to reset your password. Some restrictions apply, please see below. I would like to close my Salary Packaging and/or Meal Entertainment card. The tax saving would be approximately $10,502 per annum or $201.95 net per week. Definitions and Interpretation. Salary Packaging card. Open it using the cloud-based editor and start altering. This is just like your any other debit card. With CBB Rewards Club, you can enjoy sensational offers from thousands of your favourite local businesses, plus exclusive access to services and products throughout Australia, including: Food and dining discounts for cafes, restaurants, pubs and takeaway outlets. A salary packaging card (living expenses card) allows an individual to use pre-tax income for purchases associated with everyday living such as groceries, clothes, fuel or pay for expenses like utility bills. American embassy in cairo visa application. Answer: No, only your Salary Packaging Provider is approved to credit funds into your account. As long as . This card can be used wherever Visa is accepted, and can be used for all your day-to-day living expenses. You can use it at grocery stores, petrol stations, restaurants, cinemas, online stores, and many more. using your salary packaging 1. Just tell us how much pre-tax salary you want to spend on meals each pay period and we'll regularly transfer that amount . The ATO-approved CBB Meal Entertainment and Holiday Accommodation Card allows you to salary package meals, accommodation expenses and venue hire using tax-free dollars. Once the clock ticks over from March 31 to April 1, a new cap limit is allocated and the previous limit can no longer be accessed by spending or claiming. Salary packaging - reduce your taxable income and put more money in your pocket Flexible work arrangements Additional leave provisions Annual leave loading (get paid an extra 17.5% when you take leave) Paid parental leave - 18 weeks at full pay Employee rewards and recognition program CEO one-on-ones for individuals CBB. The most popular benefits are: General living expenses (rent, mortgage, credit card repayments, etc.) Fred can package his rent at $350 per week and $247 per week in living expenses totaling $597 each week in pre-tax income. (This fee may be paid over a number of fortnights as arranged with the salary packaging services provider) $35.44 flat fee. Savings & Fees. Please note: if your salary packaging funds are only used towards regular payments such as . While CBB cannot advise on your card balance, we are happy to help with any other salary packaging queries. These cards work . Claim your expenses. I am salary packaging via CBB and putting the entirety of my income onto the "Meal Entertainment" card. Kalak. All you need to do is phone us on 1300 763 505 or book a time online bit.ly/signupcbb and we'll get you started on increasing your take-home pay. This card is a prepaid Visa card and allows you to purchase goods and services anywhere Visa is accepted. Salary packaging Increase your pay by 5-10% Rent or mortgage Personal loans Credit cards The CBB Meal Entertainment and Holiday Accommodation card enables you to dine out, pay for your holiday accommodation or even hire a venue for a special occasion using tax-free dollars. Make changes to your salary packaging. Community Salary Packaging provides salary packaging services to Australian not-for-profit . Tax savings over the terms. It's just another way that salary packaging helps you save.. Visit cbb.com.au Instead of this Without SP With SP 5-10% more or email hr@infoxchange.org . Monday - Friday 8.00am - 8.00pm, Saturday 9.00 - 3.00pm ACST excluding national public holidays. (This fee may be paid over a number of fortnights as arranged with the salary packaging services provider) $4.20 flat fee. Download form. In the penalty box Payroll sends your tax free income to CBB You tell CBB which living expenses you would like them to pay or have them put it straight on . Recover forgotten password. If I worked for a PBI and had the option of salary sacrificing into a meal card I'd do it too, you'd be crazy not to. If you have salary packaged funds left over after your routine expenses are taken care of, you can have them sent to a CBB Salary Packaging Card. The process is simple and involves: A portion of your wage being deducted before you pay tax (this portion remains 100% tax-free, whilst the rest of your income is tax-deducted) This amount is paid to your chosen employee provided benefits. There have been staff members with long employment tenures who have not previously signed up to salary packaging until CBB staff were engaged and have now attended our sites and have undertaken one to one and group discussions on the advantages of salary packaging. Mar 16 . Salary packaging this amount means you are making the most of your benefit, but you can choose to salary package a lower amount if you prefer. CCB Releases Annual Demographic Study of Nevada's Cannabis Industry. It's a Mastercard prepaid card that you can use all over Australia whenever you eat out. 19 were here. This cap is separate to the $17,000 'grossed up' salary packaging cap. The Class Ruling for this product has been approved and published by the ATO (CR 2016/18). Up to 5% discount on Coles, Woolworths and Caltex gift cards. I (your name here) participate in my above mentioned employer's salary packaging To apply for or cancel a CBB Salary Packaging Card or CBB Meal Entertainment and Holiday Accommodation Card. So how much can you salary package? CBB explains that the most popular option is to load your tax-free cash onto a CBB Salary Packaging Card every two weeks. This document sets out Terms & Conditions upon which Salary Packaging Solutions Pty Ltd (trading as "Advantage Salary Packaging") provides salary package services to you. Estimated cost to you (per week) $19,098. If you have salary packaged funds left over after your routine expenses are taken care of, you can have them sent to a CBB Salary Packaging Card. So on pay day you pay less income tax and have more money for the things that matter. You can use this card at any location where VISA is accepted. Our live chat is available Monday to Friday 9.00am -6.00pm ACST and Saturday 9.00am -3.00pm ACST. But the beauty of salary packaging is its flexibility: you don't have to use your funds for routine costs at all - if you prefer, you can choose to just have a card by itself. Download form. Please enter your NCB number and associated email address below. Holiday accommodation. NOTE: Only complete this application if CBB is the provider of salary packaging services to your organisation. 2. Did you know that our salary packaging customers get access to the CBB Rewards Club FOR FREE? These are the top-rated credit cards this year, as decided by ProductReview.com.au reviewers. Comments are closed. At the beginning of the 2017-18 FBT Year, the gross-up rates that can impact some salary packaging benefit amounts will be changing. Not for Profit (also known as NFP) employees are eligible for higher-level discounts and cost . 'Salary Package' refers to your salary package . As this is a non reportable. These include: Applying for or cancelling cards. The salary packaging provider calculates that: Sam will sacrifice $17,353 if no employee contributions are made, or; $4,145 if employee contributions of $7,000 are made. Not for Profit (also known as NFP) employees are eligible for higher-level discounts and cost . SPA Vehicle Price (excluding GST) Get Quote. The card can be used anywhere Mastercard prepaid cards are accepted to pay for goods and services, including online purchase transactions. Related Posts. *Salary packaging example: The estimated potential tax benefit is based on the assumption that an eligible employee salary packages the full $15,900 per annum limit. Prices excluding GST under novated lease and images are for display purposes only. When you salary package for an entire Fringe Benefits Tax (FBT) year (1 April to 31 March) the maximum you can salary package is either $611.54 per fortnight or $305.77 per week. $55.00 flat fee. Naturally this means that there are time-related pressures at the end of the FBT year; these mainly revolve around having a large balance late in March. * All benefit examples based on a 60 months terms driving 14,500 km per annum on a $68,000 annual salary. Your State. In this post, we will learn about CBB Salary Packaging in detail. Reviews (433) Q&A (8) Details. Through salary packaging in the 20/21 financial year, we helped Australian not for profit staff from 639 organisations access an additional $80 million collectively. Salary packaging - also known as salary sacrifice - means allocating a portion of your salary to pay certain expenses before income tax is calculated. Payroll sends your tax free income to CBB You tell CBB which living expenses you would like them to pay or have them put it straight on . What we offer. This card can be used to purchase food, beverages, and accommodation when dining out, on holiday . Further to this, employees are also able to package Meal & Entertainment on top of this amount utilising an additional $2,650. You don't need to earn lots to benefit. Salary sacrifice agreements between you and your employer allow you to increase your income by paying for certain expenses using pre-tax dollars. If you require assistance, please contact the team on 1300 273 359 laptop only. receive a CBB salary packaging card to use. $60,289. Aws route53 . FBT rates effective 1 July 2020 and PAYG tax rates effective 1 July 2020 have been used. Salary packaging - also known as salary sacrifice - means allocating a portion of your salary to pay certain expenses before income tax is calculated. We understand that everyone has different needs when it comes to finance matters so if you need some salary packaging advice, we'll be happy to help. 'Business Day' means a weekday on which banks are open for business in Melbourne, Australia. 14. (Once off flat fee per Laptop) $90.00 flat fee. Salary packaging is the easy way to boost your income. Overview Card & Transaction Control Roadside Support. Download form. Include the day/time and place your e-signature. This benet enables you to salary package $2,650 per year in addition . Overview Fee Structure Savings Calculator Perks & Discounts. 13. Write a review Ask a question. Fill in the blank fields; concerned parties names, places of residence and numbers etc. Your Employer. With a CBB Salary Packaging card, you can use tax-free dollars to: Purchase ingredients at the supermarket for whatever dishes you're making for the family; Purchase gifts for loved ones (from anywhere VISA is accepted) Do a bit of online shopping to spoil yourself or someone special (as long as the store accepts VISA) These cards work . Salary Packaging for not for profit employees is one of the biggest benefits that come with the job. Meal Entertainment is a reportable fringe benefit with a $5,000 'grossed up' cap, and will be included on your income statement. Signature Date. While salary packaging can be difficult for some people, the Maxxia Wallet makes things so much simpler. Purchasing more than $2,000 of pre-paid cards (for all stores/retailers combined) in any one calendar month or more than $24,000 of pre-paid cards (for all stores/retailers combined) in any 12 month period will be considered as excessive use. Call +61 2 8299 9534 from overseas. Resthaven streamlined services as the organisation grew and engaged CBB as their salary packaging broker in 2019. Compare. What should I do? Your Meal Entertainment Cap is calculated by dividing the overall $5,000 cap by the Type 2 gross-up rate, which will reduce to 1.8868 . Some changes to your salary packaging account will require you to speak with our Customer Care Team on 1300 763 505. Salary sacrifice agreements between you and your employer allow you to increase your income by paying for certain expenses using pre-tax dollars. 3.0 Using your card 3.1 Where can I use my Salary Packaging and Meal Entertainment Card? 3. As long as . CBB Salary Packaging: Who Are Eligible and What Are the Benefits? Download form. This will allow Fred to package pre-tax salary towards his rent and living expenses. Follow us on: +61 3 9418 7400 info@infoxchange.org www.infoxchange.org +61 8 8212 8555 using your salary packaging Want to know more? You choose the benefits you want to include in your salary packaging arrangement. Your partner can also receive a CBB salary packaging card to use. Visit cbb.com.au Instead of this Without SP With SP 5-10% more or email hr@infoxchange.org .