October 18, 2018

General Expenses Card

The Community Salary Packaging card program utilises the products and services of Westpac to provide employees in the non profit sector with tax free general expense benefits.
In summary the 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 balances at Westpac ATMs
  • Provides employees with Type 2 GST Free Fringe Benefits
  • Allows employees to use the cards with no need to keep receipts
  • Enables employees of Public Benevolent Institutions (PBI’s) & Health Promotion Charities to salary sacrifice $15,899 per FBT year without incurring any FBT
  • Enables employees of Public / Private Hospitals to salary sacrifice $9,009 per FBT year without incurring any FBT
  • Enables employees of Rebateable Organisations to salary sacrifice $15,899 whilst only attracting concessional FBT tax rates
  • Blocks employees from withdrawing cash
  • The card may be used to purchase items such as the following (not an exclusive list):

                     a. Insurances (E.g. Private Health Insurance, Life / TPD, Home & Contents and                               Car)

b. Groceries

                     c. Water Rates

                     d. Council Rates

                     e. Electricity

                     f. Education costs

                     g. Car Running Costs (Fuel, Servicing, Cash wash etc)

                     h. Phone / Internet Expenses

                     i. Travel (International & Domestic)

                     j. Any other costs that can be paid using the VISA network!!