25 Jun 2015

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Those who work in the education sector are able to make their money go further through salary packaging. Here’s a look at five of the top benefits:

Super egg purple1 -Superannuation

There’s been lots of talk in the press about superannuation, we’re being encouraged to boost our super funds to make sure we can retire comfortably. Salary sacrifice is a great way to do this, and something teachers are taking advantage of. A set amount is deducted from the employee’s pay each month before tax and paid into their nominated super fund.

SS_icon_car2 -Vehicle

With a novated lease, teachers are able to save on their car lease, rego, insurance and petrol. The car can be used for work or pleasure and there’s no deposit to pay on the price of the car!

 

Laptop purple3 -Laptops/tablets

So long as it’s used primarily for work purposes, a laptop or tablet can be salary packaged, which means a saving of 30-45% off the cost. They can be bought through the techsmart website or sourced independently, either way there’s big savings to be made!

 

 self education icon4 -Self-education

Course fees, as well as stationery, text books and student union fees can be salary packaged, as long as the course is work related. What’s more, there’s no limit in the number of items that can be packaged– the perfect excuse to try out a few courses!

 

Membership fees icon5 – Membership fees and subscriptions

Memberships or subscriptions for any work-related professional associations can be salary packaged. A great way to keep up to date with industry news and save on the cost!

 

All salary packaging benefits are employer specific, log in to our website and take a look at your Smartsalary account to find out which benefits you’re entitled to.

 

 

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