SALARY PACKAGING GIVE YOUR SALARY A HEALTH CHECK AND PAY LESS TAX. Take home more with a great career. an Rd

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1 an Rd SALARY PACKAGING GIVE YOUR SALARY A HEALTH CHECK AND PAY LESS TAX Take home more with a great career

2 HOW DOES SALARY PACKAGING WORK? Once you enter into a salary packaging arrangement with Eastern Health we calculate the amount to set aside from your pay based on your chosen benefits. This untaxed money is then returned to you via your nominated bank account each fortnight. It s that simple! Why salary package? By effectively salary packaging, you can increase your take home salary by thousands of dollars each year. Just take a look at the benefits: Not Packaging Packaging Gross Salary $2, Gross Salary $2, PAYG Tax $ Salary Package $ Take Home Pay $2, New Gross Salary $2, By salary packaging PAYG Tax $ you can increase your Take Home Pay $1, disposable income by $ per fortnight Tax Benefit - Salary Packaging or $3, per year. Amount +$446 That s a significant difference! Disposable Income $2, * Example Calculation has been based on fortnight deduction $ Threshold + $100 Entertainment Benefits Prior to starting salary packaging we encourage all employees to seek independent financial advice - it is employees responsibility to do this. How much can I salary package? Full-time and part-time employees can salary package their regular base salary (penalties or overtime cannot be packaged). Casual employees can salary package up to 80% of their income.

3 WHAT CAN I PACKAGE? You can salary package a variety of expenses from your pre-tax salary up to a limit of $9000 each Fringe Benefits Tax (FBT) year (1 April-31 March). Some of the benefits include: Eastern Health Threshold Visa Card (groceries, fuel, clothes, bills) Home Mortgage Repayments Personal Loan Payments Home Rental Payments Credit Card Payments School Fees and Child Care Expenses Health Insurance Payments Plus, you can salary package another $2550 in Entertainment Benefits: Eastern Health Meal Leisure Visa Card (dining out, taxi charges, holiday expenses) Meal Entertainment and/or Holiday Expenses (claim via receipt lodgement) You can also salary package other benefits over the capped limit, including: Novated Leasing Superannuation Portable Devices (laptop, tablets, mobile phone) Work Related Expenses (uniform, professional development, trade subscriptions & memberships) Income Protection Insurance Airline Lounge Benefit

4 HOW MUCH DOES IT COST? There are costs involved in Eastern Health administering all your salary packaging arrangements. The cost amount will depend on the benefit packaged and it is paid from your pre-tax salary. For more information on these costs, refer to Eastern Health s Salary Packaging Employee Information Guide. Entertainment Benefit Enjoy your tax-free $2550 cap when Dining out with friends or family or use it to claim your annual Holiday Expenses when travelling in Australia or overseas. Superannuation Pay less tax when you salary sacrifice additional superannuation as you save for your retirement. Work-Related Expenses Salary Package your work-related expenses such as trade subscriptions, membership fees and your EH uniform. Professional Development Want to undertake further learning? You may be able to claim your professional development expenses. Portable Devices You may be able to salary package a portable computer such as a laptop, notebook, tablet or PDA potentially saving you hundreds Airline Lounge Benefit Whether you travel for work or personal, you can salary package your airline lounge membership. Novated Lease Looking to buy a new car? Consider a novated lease - it s the most tax effective way to finance your next vehicle! Enjoy great tax savings on your lease payments, fuel and running expenses like insurance, rego and maintenance. To find out more contact Smartleasing on

5 WHAT IS SALARY PACKAGING? Salary packaging is a government approved way of structuring your income that allows you to pay for everyday goods and services from your salary before it s taxed.

6 MORE INFORMATION For more information about salary packaging, contact the Eastern Health Salary Packaging Unit Monday-Friday between 9am-4pm easternhealth.seqoya.com.au Ob C/- EH Distribution Centre Maroondah Hwy Ringwood VIC 3134 Mullum Creek Mullum EH parking Crocs Playcentre EH Distribution Centre LDV Ringwood Eclipse Gym Etheridge Ford Melbourne driveway Volkswagen Dealership Dance Dynamics Ringwood driveway Maroondah Hwy Elizabeth Ct Seares Dr

7 APPLICATION FORM SALARY PACKAGING 1: PERSONAL DETAILS (Please print in block letters) Employee Number Title (Mr, Ms, etc) Gender Male Female X Employment Status Full-Time Part-Time Casual Fixed Term Contract Contract End Date: Full Name Date of Birth / / Address Suburb Postcode Home Phone Business Phone Mobile Phone 2: YOUR PERSONAL BANK DETAILS (Please print in block letters) Account Name BSB Account No 3: PACKAGE ITEMS Note: Full-time and Part-time employees salary package a regular amount each fortnight over the FBT year. Casual employees are required to elect a percentage up to 80% of their income. TAX FREE LIVING EXPENSES $9000 CAP Benefit Amount or Percentage Mortgage / Loan (Attach schedule of repayments from your loan statement) or Entire Cap ($9k) Rent (Attach Rental agreement from real estate/landlord) or Entire Cap ($9k) Salary Packaging Visa Card (Complete page 2 of application form) or Entire Cap ($9k) Other (Attach a copy of paid invoices) or Entire Cap ($9k) * DOCUMENTARY EVIDENCE REQUIRED: To prove payments are being made into legitimate benefit items, please provide copies of evidence as detailed under each package item above. PLUS TAX FREE ENTERTAINMENT BENEFITS $2550 CAP Benefit Amount or Percentage Meal Leisure Visa Card (Complete page 2 of application) or Entire Cap ($2550) Submit Expense Claim (Receipts: Dining, Holiday or Venue Hire) or Entire Cap ($2550) ADDITIONAL PRE-TAX SUPERANNUATION FIRST STATE SUPER Member Number: HESTA SuperFund Member Number: Amount or Percentage: OTHER SUPER FUND or SMSF (We ll send you further information to setup this benefit) HELP DEBT: I have a HELP debt, I would like to receive information. NOVATED LEASING: I am interested in finding out more about Novated Leasing and would like to be contacted by a Smartleasing consultant. 4: COSTS I understand that any applicable administration costs will be deducted from my pre-tax salary. 5: ACKNOWLEDGEMENT AND CONSENT I wish to apply to participate in the Eastern Health Salary Packaging program. I have read, understood and accepted the Terms and Conditions of Salary Packaging at Eastern Health, which is available on the Eastern Health salary packaging website under Employee Benefits Salary Packaging. Employee Signature Date / / C/- Eastern Health Distribution Centre Maroondah Hwy Ringwood VIC p f e salarypackaging@easternhealth.org.au Take home more with a great career

8 SALARY PACKAGING CARD APPLICATION FORM CARD TYPE(S) REQUIRED Package Item Salary Packaging Threshold Visa Card Meal Leisure Visa Card Do you require NAB Internet/Telephone Banking? Yes No Are you an existing NAB customer? Yes No CARDHOLDER CONSENT To the National Australia Bank Limited ( NAB ) I am the person named above as Cardholder: > [Consent to issue of card] I consent to the issue of a card type selected above ( Card ) in my name. I understand I am authorised to use this Card on behalf of my employer for salary packaging purposes. I acknowledge that any use of the Card will be governed by Conditions of Use which will be provided with the card. > [My personal information] I acknowledge that details about NAB s treatment of my personal information, including how I may gain access to that information, are set out in NAB s Privacy Notification, a copy of which will accompany the Card (I may also download this document at nab.com.au) > [Authority to disclose to my employer and Salary Sacrifice Provider] I authorise NAB to disclose to my employer and Salary Sacrifice Service Provider (Eastern Health) and authorise my employer and Salary Sacrifice Service Provider to seek from NAB information relating to my use of the Card (including any information relating to any transactions I carry out or attempt to carry out with the Card) for the purposes of salary sacrifice administration and management. This authority is given in addition to the matters set out in the NAB Privacy Notification. I understand that if I have any questions or concerns about how my employer or Salary Sacrifice Service Provider uses or discloses information about me provided to them by NAB I should discuss this with my employer or Salary Sacrifice Service Provider. Note: The employer named above is the Customer who authorises the issue of the Card to the Cardholder and as defined in the Conditions of Use. Customer Authority The customer hereby requests issue of a Card/s to the Cardholder named above pursuant to the Customer s NAB Business Card (Salary Packaging) Facility Terms and Conditions ( Facility ) agreed between NAB and the Customer. Full Name Employee ID Address DOB / / Employee Signature Date / / EMPLOYER USE ONLY Certificate of Identity and clause I, the undersigned, in the capacity of Verifying Officer for Eastern Health, certify that the person detailed below, has been identified, and is authorised to open a NAB Salary Packaging account. Sight the required documentation (identification list is located on the Eastern Health salary packaging website under forms and documents) and complete the following: Identification Document Details Document 1 Document 2 Verified From Original Certified Copy* Original Certified Copy* Document Type (eg: Australian Passport) Issued By (eg: Local Government) Issued Date Expiry Date Document Number VERIFYING OFFICER DETAILS I confirm that I have sighted the original or a certified copy of the original documents and verify that the above is true and correct. Any wilful breach of identification obligations are made punishable under the AML Act I confirm I have supplied the above individual with a NAB privacy brochure. The Cardholder s signature is verified and Cardholder Request approved. Public Authorities and Incorporated Bodies as defined under the FTR Act (these include incorporated associations and proprietary companies that have traded for a continuous period of two years, or maintained an account with a financial institution for a continuous period of two years) may nominate a Verifying Officer under the FTR Act. Identification verified by: Verifying Officer Name Position Authorised Signature/s Date / / Authorised by Eastern Health: EH1210SP006