December 19, 2018

Everyday Purchase Card Features

The Everyday Purchase Card product is setup with eftpos vendor so employees can use the card to purchase anything that is able to be paid on the VISA Network throughout Australia.

In summary the Community Salary Packaging Everyday Purchase Card:

* Is a VISA Card

* Is supplied by Westpac

* Comes with full ATO Class Rulings

* Provides employees with online access to a comprehensive Westpac card holder portal for  access to

* Online statements

* Online transaction disputes

* Allows employees to access 24 hour phone banking

* Allows employees to check card balance at Westpac ATMs

* Provides employees with General Expenses Fringe Benefits

* Enables employees of Public Benevolent Institutions (PBI’s), Health Promotion Charities & Public / Private Hospitals to salary sacrifice extra fringe benefits exempt from FBT

* Blocks employees from withdrawing cash

* The card may be used to purchase anything.

Cards Provided by Westpac

The Community Salary Packaging Card Program uses the services of Westpac to provide salary packaging cards that are secure and backed by one of Australia’s biggest banks.

Westpac has invested heavily in products for the non profit sector and built a dedicated salary packaging card product with full ATO Class Tax Rulings to ensure that non-profit organisations have the assurance of a well supported and streamlined salary packaging card product.

Community Salary Packaging is not part of Westpac, however uses the Westpac salary packaging card product to provide non profit organisations with direct access to what we consider to be the most comprehensive salary packaging card product on the market.

The Westpac cards are credit cards that use the VISA network to make payments online, over the phone and through EFTPOS point of sale systems.

Westpac provides cardholders with 24 hour access to their statements through the Westpac Live App.

Community Salary Packaging is confident that by providing non profit organisations and their employee’s access to Westpac’s salary packaging cards you will be more than happy with the result!

Employer Information Kits

Employees will not be able to apply for a Community Salary Packaging Everyday Purchase or Meal/Accommodation Card unless your organisation has joined the program.

To do this your organisation will need to complete an Employer Application Form and return it to us for processing.

Once we have received the form we will provide the organisation with a Login to the SalaryPackagingCards.com.au Online Services and also provide your organisation with the necessary employee forms, Information Manuals and salary packaging calculator.

Your organisation will be advised once the application process for your organisation is complete and staff will then be able to directly apply for their individual cards from Community Salary Packaging.

Each time we receive an application from your staff we will need someone in your organisation to authorise the setup of their card.  This contact is known as the verification officer who will approve each application as it is applied for.

After your employee recieves their card from Westpac you should ensure you have the necessary salary sacrifice agreements in place with your employee and you can then begin to deduct money from your employee’s gross salary to be paid onto their card.

This gives your staff easy access to their tax free salary packaging money and reduces the amount of administration (e.g. collection of receipts / payment of bills) that your payroll or finance team needs to complete to ensure your staff are receiving fringe benefits.

To receive your Employer Information Kit along with the Employer Application Forms please contact us on 1300 737 061 or complete the Web Form below and we will be in contact with you as soon as possible to commence the process.

Employer Information Kit Request

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Meal/Accommodation Card Features

The Meal/Accommodation Card product is setup with eftpos vendor blocks so employees can only use the card at Restaurants and Cafe’s to purchase food and drinks and Accommodation at Hotels, Motels, Bed & Breakfasts and Cabins.

In summary the Community Salary Packaging Meal/Accommodation Card:

* Is a VISA Card

* Is supplied by Westpac

* Comes with full ATO Class Rulings

* Provides employees with online access to a comprehensive Westpac card holder portal for access to

* Online statements
* Online transaction disputes

* Allows employees to access 24 hour phone banking

* Allows employees to check card balance at Westpac ATMs

* Provides employees with Meal/Accommodation Fringe Benefits

* Enables employees of Public Benevolent Institutions (PBI’s), Health Promotion Charities & Public / Private Hospitals to salary sacrifice extra fringe benefits exempt from FBT

* Blocks employees from withdrawing cash

* The card may only be used to purchase Food and Drinks at Restaurants and Cafes and Accommodation at Hotels, Motels, Bed & Breakfasts and Cabins.

Federal Budget 2015 – FBT & Salary Packaging Changes

On 12 May 2015 the Australian Federal Budget was released.

Click below to access our summary of the impacts of the Federal Budget on organisations in the Australian Not-For-Profit sector from a taxation perspective including discussion on the newly announced cap on Meal Entertainment Expenses and Entertainment Facility Leasing.

 

 

Federal Budget 2014 – FBT & Salary Packaging Changes

On 13 May 2014 the Federal Budget was released.

Click on the below link to access our summary of the impacts of the Federal Budget on organisations in the Australian Not-For-Profit sector from a taxation perspective.

Federal Budget 2013 – FBT & Salary Packaging Changes

The Federal Budget for 2013-2014 was handed down by Wayne Swan on 14 May 2013.

There have been some fundamental changes to salary packaging with Medicare Levy increase of 0.5%.

This has meant that the FBT rate has now increased from 46.5% to 47% from 1 April 2014.

Many people will not have realised this as it has not been specifically announced, however is a flow on effect as a result of the move in the Medicare Levy rate.

Please find attached our discussion of the 2013-14 Federal Budget from the perspectives of Australian Not-For-Profit organisations, especially in the area of salary packaging and FBT changes.

 

 

Federal Budget 2012 – FBT & Salary Packaging Changes

 

 

The Federal Budget was handed down on 8 May 2012.

We have put together a quick summary of the budget as it effects not-for-profit organisations (especially focusing on the impact of salary packaging for PBI’s).

You can download a copy of our Newsletter Summary below:

Budget Update 2012

While you are here why not request an Employer Information Kit on the Community Salary Packaging Card Program for Non Profit Organisations in Australia.  Cards are only $57.20 per primary card per annum!

Request more information today!

Employer Information Kit Request

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