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Click ‘Get Form’ to open the Salary Packaging Termination Form in the editor.
Begin by filling out your Personal Details. Enter your First Name, Surname, Address, Suburb/Postcode, Account Number, and Employer Name. Choose your preferred contact method by providing your Home Phone, Work Phone, Mobile, and Email.
In the Terminating Benefits section, indicate if you wish to terminate your salary packaging account by selecting 'Yes' if applicable. If you have a novated lease account, complete section ‘b)’ with your odometer reading and termination date.
Provide a reason for termination in the designated field under section ‘c)’. This helps clarify your intent.
Review the Termination Declaration carefully. Ensure you understand all terms regarding fees and responsibilities before signing and dating the form at the bottom.
Once completed, save your changes and return the form via email or post as indicated at the end of the document.
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You can benefit as you may pay less income tax. You need to arrange your salary package before you get paid. You cant package your salary after youve earned it. Salary packaging is usually more effective for people on middle to high incomes.
Is salary packaging worth it?
Salary packaging is absolutely worth it. Knowing that you can potentially havr your food/bills/rent all paid for before the rest of your cheque hits the bank is great. Plus, the tax efficiency is - if youre a nerd like me - so worth it. I dont know why theyd advise against it if youre under 90k.
How much is the Paywise salary packaging fee?
What is cost for having a Paywise Salary Packaging card? An annual fee of $66 (inc GST) will be charged per Meal Entertainment and Living Expenses benefit linked to a Paywise card. For example, if you package both benefits your total annual fee will be $132.00.
How much is the salary packaging fee?
For one salary packaging benefit item the fee is $23.50 per annum (ex GST). For two or more salary packaging benefit items the fee is $33.50 per annum (ex GST).
Can I cancel salary packaging?
You may terminate your Salary Packaging Arrangement at any time by giving written notice to SalaryPackagingPLUS. Subject to your employers policy, if you terminate your Salary Packaging Arrangement partway through the FBT Year, the full annual Administration Fee will be payable to SalaryPackagingPLUS.
Paywise has been in salary packaging since 1989 and we take care of the complex stuff for you. We liaise with your employer to take funds from your pre-tax salary and these funds then go towards your chosen benefit(s). For example, you might choose to have your rent paid with your pre-tax income via salary packaging.
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Jan 1, 2025 Most of the budget document details each fund and department budget. This section focuses on the General.
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