The actual amounts and types of benefits you could package depends on your industry and employer.
The actual amounts and types of benefits you could package depends on your industry and employer.
If you choose to go ahead and salary package, you’ll need to ask your payroll department to deduct your HECS/HELP debt repayment shown above, which we’ve based on the information you gave us.
Salary packaging could provide you with a great way to reduce the amount of tax you pay - and get more from your salary.
View full resultsSee how salary packaging with Maxxia can benefit and reduce the amount of tax you pay - and get more from your salary. Here are the numbers:
Fortnightly:
Monthly:
Yearly:
Taxable income used for calculation of HRI:
ATO compulsory HECS/HELP repayment rate:
See how salary packaging with Maxxia compares using the comparison table below. See how much you can benefit and reduce the amount of tax you pay - and get more from your salary. All calculations on this website are indicative, and for illustrative purposes only - further information is provided below.
The calculator is provided for guidance purposes only and the results are estimates to illustrate potential scenarios. This calculator does not use or consider any individual’s own financial circumstances at all.
The following is some important information about the assumptions in the calculator:
All calculations on this website are indicative, and for illustrative purposes only. All calculations use PAYG tax rates effective 1 July 2024. Tax, benefit & Medicare levy calculations are approximate, and assumes no other taxable income is received. HECS/HELP repayments and taxation surcharges are excluded.
An indicative average salary packaging administration fee of $26.00 for Qantas Group employees has been included. The items you could package are determined by your employer’s salary packaging policy, and the industry sector you work in. You may not be eligible to package all items included in the calculator. Please contact Maxxia or refer to your employer's salary packaging policy for more information.
Although all reasonable care has been taken in designing the calculator, due to the complexity of tax laws, the estimated results can change based on individual circumstances that this calculator is not able to take into account such as (and not limited to) HECS / HELP repayments. The results of the calculator should not be taken to be personal taxation or financial advice nor a substitute for personal taxation or financial advice.
Maxxia does not accept responsibility for any loss or damage that may relate to a person's use of, or reliance on, this calculator and strongly recommends all users seek their own personal taxation advice from a licensed tax adviser before making any financial decisions.
Maxxia Pty Ltd is not licensed to provide you with any form of financial, taxation or financial product advice.
Maxxia strongly recommends all users seek their own personal taxation advice from a licensed tax adviser before making any financial decisions.