Package Calculator

How does salary packaging benefit me?

The example below highlights the benefits of packaging a motor vehicle against providing a vehicle in after-tax dollars.

	No Benefits	Non Packaged Benefits	Packaged Benefits
Gross Salary	$68,000.00	$68,000.00	$68,000.00
SGC	$6,120.00	$6,120.00	$5,162.69
Employer Super	$0.00	$0.00	$957.31
Total Employment Cost	$74,120.00	$74,120.00	$74,120.00
Packaged Superannuation	$0.00	$0.00	$0.00
Packaged Vehicle	$0.00	$0.00	$11,399.97
Fringe Benefits Tax	$0.00	$0.00	$0.00
Pretax Salary	$68,000.00	$68,000.00	$56,600.03
Income Tax	$17,880.00	$17,880.00	$13,689.01
After Tax Expenses	$0.00	$15,569.44	$3,029.41
Disposable Income	$50,120.00	$34,550.56	$39,881.61
Total Packaging Benefit			$5,331.05
Cost Per Week for Benefits	$0.00	$299.41	$196.89