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SALARY PACKAGING AGREEMENT PARTIES The University of Notre Dame Australia (ABN 69 330 643 210) of 19 Mount Street, Fremantle, Western Australia (the University); and (the Staff Member)Staff member
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How to fill out salary packaging agreement

01
To fill out a salary packaging agreement, follow these steps:
02
Obtain a salary packaging agreement form from your employer or Human Resources department.
03
Read the instructions and terms carefully, ensuring you understand the benefits and limitations of salary packaging.
04
Provide your personal information, such as full name, employee ID, contact details, and date of birth.
05
Specify the salary packaging options you are interested in, such as superannuation, motor vehicle, meal and entertainment, etc.
06
If required, provide supporting documents or information for specific packaging items, such as vehicle registration papers for a motor vehicle packaging option.
07
Review the agreement thoroughly, making sure all the information provided is accurate.
08
Sign and date the agreement.
09
Submit the completed salary packaging agreement to your employer or the designated department for processing.
10
Keep a copy of the agreement for your records.

Who needs salary packaging agreement?

01
A salary packaging agreement is beneficial for:
02
- Employees who want to optimize their take-home pay by reducing taxable income through various fringe benefits.
03
- Employers looking to offer additional benefits to attract and retain employees.
04
- Organizations that provide salary packaging services to their employees as part of their remuneration package.
05
- Individuals who want to access certain benefits, such as novated leasing or additional superannuation contributions, through salary packaging.
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A salary packaging agreement is a contractual arrangement between an employee and employer that allows the employee to receive their remuneration in a more tax-effective manner by receiving a portion of their salary in non-cash benefits.
Typically, employees who wish to take advantage of salary packaging options are required to file a salary packaging agreement with their employer.
To fill out a salary packaging agreement, you need to provide personal details, specify the benefits you wish to package, outline the values and terms of the arrangement, and obtain necessary signatures from both the employee and employer.
The purpose of a salary packaging agreement is to allow employees to maximize their take-home pay by converting a portion of their salary into tax-effective benefits, thus potentially lowering their taxable income.
A salary packaging agreement must include the employee's details, specific benefits being packaged, their values, terms of the arrangement, and any other relevant information as required by the employer or tax regulations.
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