|
Base Salary |
The annual salary, exclusive of loadings, allowances, incentive
payments, and salary sacrifice items. |
|
Overtime |
Any payments made as an addition to salary to reflect work performed
beyond specified 'normal' hours. |
|
Car Allowance |
A cash payment to an employee to assist in defraying the purchase
and/or running cost of a motor vehicle. |
|
Other Cash/Allowances |
Include here any other cash items that appear on the Group Certificate.
Include any allowances paid as cash. |
|
Car Parking |
The annual cost of providing car parking where this item is included in
the employee's remuneration package. |
|
Professional Subscriptions |
The annual cost of membership and other fees paid in respect
of professional associations. |
|
Medical/Life Insurance |
The annual cost of premiums paid or allowances for health and/or
life insurance. |
|
Telephone |
The annual cost of rental and calls paid. Include mobile phones.
Exclude business use costs. |
|
Other Expenses |
The annual value of any other benefits not mentioned elsewhere
such as expense reimbursements and the value of any allowances
not paid as cash. |
|
Loans |
The amount included in the salary package for any low-interest loans
provided. |
|
Superannuation - Employer: % or $ |
Superannuation paid by the employer on behalf of the employee, expressed either
as a percentage of Base Salary or a dollar amount. Remember
to include the Super Guaruntee Charge. |
|
Superannuation - Salary Sacrifice |
That part of the employee's total salary package nominated for inclusion
in superannuation. This amount reflects the flexibility of choice
by the employee. Ensure that you have not double counted this amount into
another part of the salary package, eg. Base Salary. |
|
Incentive |
The annual amount of any performance related bonus, incentive
or commission. |
|
Capital Value |
The full retail price of the vehicle. |
|
FBT % |
The FBT % applicable to the salary package car, depending on the total annual
kilometres travelled by the vehicle. Up to 15,000km=26%; 15,001 to 25,000km=20%;
25,001 to 40,000km=11%; over 40,000km=7% |
|
Usage |
The level of use of the car the recipient is allowed. 1=unrestricted
use, 2=part private use, 3=commuter use only. |
| Cars - Employee
Contribution |
The annual contribution by the employee towards the running cost
of the car(s) |
| Novated Lease
Cars |
The full cost (including FBT) of providing a car under a novated agreement. |