Car Parking
Car parking expenses directly related to your commute to your normal work place during normal working hours, can be packaged.
When packaged, your details are provided to the Bentley Campus parking office and when you next need to purchase a Bentley Campus permit, an invoice will be sent to Salary Packaging who will debit your package. Reimbursements for permits already purchased are available, although a valid tax invoice will need to be provided.
For those employees working off the Bentley campus, their parking is also available to be packaged. Reimbursements of the parking costs can be arranged as long as a valid tax invoice is supplied.
Only items purchased in Australia can be packaged, and a valid tax invoice will need to be supplied for the reimbursement to take place. Reimbursement will be either as an up front amount (if the value is less then $550) or in instalments, depending on the value of the claim. Up front reimbursements are made directly to the employees bank account, and installments are made via the payroll system.
The savings (after packaging fees) that may be obtained through salary packaging this particular benefit is determined by your taxable income:
$6,001 to $30,000 - 22%
$30,001 to $75,000 - 36%
$75,001 to $150,000 - 45%
$150,000+ - 50%
Links: http://www.properties.curtin.edu.au/departments/fm/parking/
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