What can I salary sacrifice RemServ?
You can package a wide range of everyday expenses depending on your employer’s salary packaging policy such as:
- electricity, phone and water bills.
- council rates.
- groceries.
- clothing.
- private travel (domestic and overseas)
- household expenses.
- any other items you pay for with your RemServ Wallet.
How much does Smartsalary cost?
The Smartsalary Card costs $66 per year for each benefit (including GST). Once your card application is approved, Smartsalary will set up an upfront, one-off, pre-tax salary deduction for the fee. If you package both Everyday Purchases and Meal Entertainment on the card, you’ll have a total fee of $132 per year.
Can I salary sacrifice school fees?
It’s often possible to pay for expenses such as home loan or credit card repayments, private health insurance, rent, car parking and even school fees via salary sacrifice, depending on whether your employer is happy to help you do this.
How do I claim a RemServ?
Use the RemServ App With built in camera functionality, all you need to do is click, claim and go! With RemServ Online and the app, you can submit a claim for reimbursement or set up a payment direct to a supplier.
Is RemServ a fringe benefit?
Fringe Benefits Tax (FBT) and your Tax Return | RemServ.
Is Smartsalary a fringe benefit?
All vehicles packaged with Smartsalary are subject to Fringe Benefits Tax (FBT). Each year, we calculate the taxable value of your vehicle that will be reported by your employer.
What can I claim Smartsalary?
You can send in a claim form and proof of payment for the following items:
- Private health insurance.
- HECS/HELP repayments.
- School fees.
- Gym membership*
- Utility bills*
- Life insurance*
- General household items*
- Travel expenses including airfares*
How long does RemServ take to reimburse?
Use the RemServ App For payments you’ve already made, we will reimburse the money into your nominated bank account, generally within three to five business days – it’s that easy!
Is it worth it to salary sacrifice?
Benefits of Salary Sacrifice The advantages of salary sacrifice are that you are buying the benefit in pre tax dollars. That is, if your tax rate is 32.5%, you get 32.5% better buying power. Example: Say an individual earns $100,000 a year and wants to buy a new car for work purposes, worth $22,000.