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Remote Area Benefit

Instant Savings Calculator

Instantly calculate the affect the remote area benefit can bring to your take home pay after your rent or mortgage payments (disposable income).

The process is simple! Just provide a few details and calculate your savings, then submit your enquiry to us and we take care of the rest!

I the house I live in

I earn $ per year and pay $ rent per week

Your Potential Benefit is . . .

$0

Per week

$0

Per year

Your Weekly Savings Summary

The Remote Area Benefit will put more money in your pocket each pay cycle.
This is how much more you will take home each week after paying your rent or mortgage.

WITHOUT
Remote Area Benefit

$0

WITH
Remote Area Benefit

EXTRA $0

$0

Start Saving Money

Simply submit a few details below and one of our friendly staff will contact you. We will take care of the rest!

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What is the Remote Area Benefit?

Whilst working in a remote location may bring about many different challenges for you, it also presents the opportunity for you to make potentially significant tax savings.

If you currently live and work in a ‘Remote Area’, you may be able to salary package a number of different personal expenses as a means of reducing your taxable income.

SEE HOW MUCH YOU MORE YOU CAN TAKE HOME

What is Salary Packaging?

Salary Packaging is a tax effective way to receive your salary as a combination of income & benefits that allows you to deduct some of your pre-tax income & use it to pay for a variety of benefits. By reducing your pre-tax income you can reduce the amount of income tax you pay & in turn increase the amount you take home each pay day.

What Remote Area Benefits Can Be Salary Packaged?

If your employer allows you to Salary Package as part of its employee incentive program, you will be able to take advantage of the below benefits.

Remote Area Rent

  • If you live in an employer-owned residence, 100% of your rental payments are made from your pre-tax salary.
  • If you privately rent your residence, 50% of your rental payments are made from your pre-tax salary.
  • No FBT liability is incurred on this benefit.

Remote Area Mortgage Interest

  • If you own your residence, you can salary package 100% of your mortgage interest.
  • 50% of this benefit will incur an FBT liability.

Certain Remote Area Benefits are paid 50% tax free, while others are subject to Fringe Benefit Tax (FBT) on 50% of the benefit. Remote Area Housing Benefits are excluded from the ATOs reporting requirements, therefore these benefits will not be reported on your annual payment summary and your payment summary will reflect your reduced taxable income. Due to the nature of the FBT regulations around remote area benefits individual outcomes will vary with individual circumstances.

Am I Eligible For Remote Area Benefits?

To be eligible for Remote Area Benefits, you must be living and working in a town/location that is defined by the Australia Tax Office (ATO) as being ‘remote’ for Fringe Benefit Tax (FBT) purposes. For more information on locations and towns that are considered to be ‘remote’, please contact the remote team at SPA via remote@salpacaus.com.au.

Even though you may qualify to salary package Remote Benefits (by meeting the ATO requirements), you will still need to gain authorisation from your employer.

Learn more. Download our Remote Area Benefit Guides?

Fact Sheet

Learn more and see a real life example of how much you could save

remote area benefit ebook guide for employees

Employee Guide

Learn how you can make extra tax savings through Salary Packaging!

Employer Guide

Offer your employees extra work benefits!

* This calculator contains general information and does not necessarily take all of your personal circumstances into account. Salary Packaging Australia encourages you to seek professional, independent tax or financial advice and to consider whether this information is right for you before making a decision. The availability of any packaging benefit is subject to your employer’s approval and compliance with the Australian Income Tax Assessment Act (1997). The Australian Taxation Office can provide advice on compliance.