Get the free Personal Declaration for Salary Packaged Items - hr uwa edu

This document is used by employees to declare the primary business-related use of items for salary packaging or reimbursement at the University of Western Australia. It includes sections for employee

How to fill out personal declaration for salary

How to fill out Personal Declaration for Salary Packaged Items

1. Obtain the Personal Declaration form from your HR department or their website.
2. Make sure to read the instructions on the form carefully.
3. Fill out your personal details accurately, including your full name, employee ID, and department.
4. List the salary packaged items for which you are making the declaration.
5. Provide any required supporting documentation, such as receipts or invoices.
6. Review the filled form to ensure all information is correct and complete.
7. Sign and date the declaration form at the designated area.
8. Submit the completed form to the appropriate HR or payroll contact within your organization.

Who needs Personal Declaration for Salary Packaged Items?

1. Employees participating in salary packaging arrangements.
2. Employees seeking to claim benefits on specific items under salary packaging.
3. Individuals who want to report their salary packaged benefits for tax purposes.

People Also Ask about

How much is the Maxxia fee?

The charge is $4.40 per benefit, per month (GST incl). This will be salary packaged and your deductions automatically increased to cover the charge. International transaction fees and disputed transaction fees also apply.

How much is the salary packaging fee?

How much does salary packaging cost? The new fee structure effective from 1 April 2023 will be as follows: For one salary packaging benefit item the fee is $23.50 per annum (ex GST). For two or more salary packaging benefit items the fee is $33.50 per annum (ex GST).

How much is the smart salary fee?

The Smartsalary Card costs $66 per year for each benefit (including GST).

What is the maximum amount of access pay?

Choose to package the things you pay for every day If you work for a charity or Public Benevolent Institution (PBI) you can salary package up to $15,900 tax-free each FBT year. If you work for a public or private not-for-profit hospital, the annual salary packaging tax-free limit is $9,010.

Can I cancel salary packaging?

Yes, there are no lock-in contracts; you can cease salary packaging with us at any time and return to paying your standard and any additional voluntary superannuation contributions with post-tax dollars.

What is an example of salary sacrifice super?

An example of salary sacrificing Terry earns $7,500 per month and decides that he can comfortably live off just $7,000 of that. He therefore asks his employer to pay $500 from his salary each month into his super account as a salary sacrifice.

What is the maximum amount you can salary sacrifice?

Salary sacrifice is a before-tax contribution, so the maximum salary sacrifice is $30,000 per financial year, but remember, this cap also includes any contributions your employer has made to your superannuation and any contributions you claim a deduction for.

How do you record salary sacrifices?

Salary sacrifice super Allocate the purchase of the item being sacrificed to a Salary Sacrifice liability account. Set up a salary sacrifice deduction and link it to this account. Record the employee's pay with the salary sacrifice amount deducted from their pay. The amount offsets the payable liability account.

For pdfFiller’s FAQs

What is Personal Declaration for Salary Packaged Items?

The Personal Declaration for Salary Packaged Items is a formal document that employees use to declare the items they wish to package as part of their salary, allowing them to potentially receive tax benefits on certain expenses.

Who is required to file Personal Declaration for Salary Packaged Items?

Employees who wish to take advantage of salary packaging arrangements and claim certain expenses for tax benefits are required to file a Personal Declaration for Salary Packaged Items.

How to fill out Personal Declaration for Salary Packaged Items?

To fill out the Personal Declaration for Salary Packaged Items, employees need to complete the required sections of the form, including their personal details, the items they wish to package, and any relevant financial information, ensuring all information is accurate and complete.

What is the purpose of Personal Declaration for Salary Packaged Items?

The purpose of the Personal Declaration for Salary Packaged Items is to enable employees to officially notify their employer about their salary packaging preferences and to comply with tax regulations regarding deduction claims.

What information must be reported on Personal Declaration for Salary Packaged Items?

The information that must be reported on the Personal Declaration for Salary Packaged Items includes personal identification details, the specific packaged items being claimed, associated costs, and any supporting documentation related to those items.