Distribution - Induction Health

Maxxia Salary Packaging Health Induction 2024

Introducing salary packaging
the Maxxia way.

Maxxia Salary Packaging Health Induction

Helping ease the costs of living by salary packaging? That’s Maxxia Relief.

What’s Maxxia Relief? It’s the feeling you could get when you fight back against rising living costs and start enjoying the potential tax savings of salary packaging.

With a Maxxia salary packaging account your employer still pays you the same wage, but we help you pay for some bills and expenses before income tax is paid to the ATO. The potential tax savings of salary packaging could help ease the costs of living, decrease your taxable income, and increase your take-home pay!

How salary packaging works

So, normally tax is taken out of your pay before you spend it, you then pay all your cost-of-living expenses and have a bit left over.

But if you had a Maxxia salary packaging account…

Your employer still pays you the same salary, but now we help you pay those same costs-of-living expenses before tax. Which means your taxable income could go down, your disposable income could go up, and with some of these expenses already taken care of you have more money for other essentials and surprises.

Sign up to salary packaging, your way

Maxxia’s Online Signup is the easiest and quickest way to start salary packaging. Click on the video to view our step by step guide for health workers on how to sign up to Maxxia salary packaging.

Apply online today

So, what can you package?

We’ve created a short video series and easy-to-digest information to introduce you to Maxxia, and help you understand the benefits and features of salary packaging a range of everyday living expenses.

As a health worker you could be eligible to package up to $9,010 in living expenses each Fringe Benefits Tax (FBT) year.

There’s a great range of benefits available to eligible employees, including:

Living expenses such as rent or mortgages
Cars, fuel registration
Some personal electronic devices
Education
Superannuation

For more information on your available benefits, visit Maxxia.com.au/benefits

Salary packaging with a HECS-HELP debt

It’s important to know that you could still potentially benefit from salary packaging even if you have a HELP (Higher Education Loan program) or HECS (Higher Education Contribution Scheme) debt.

There are some important points to be aware of:

It’s important to remember that salary packaging may affect your current taxable threshold, which could change the way the ATO calculates your repayments.
The Australian Taxation Office (ATO) assesses you on your ‘adjusted taxable income’ when working out how much you should pay in HELP or HECS repayments. So with an increased gross salary, you may need to increase your regular HELP or HECS repayments, otherwise you may end up with a bill at tax time.
If you choose to go ahead and salary package, you’ll need to ask your payroll department to deduct additional HECS-HELP repayments.
How much? Well, Maxxia has an online HECS-HELP calculator which will estimate the additional amounts to request through your payroll, as well as your potential tax savings as a result of salary packaging.
You can crunch the numbers for yourself.

Crunch the numbers now

Sign up to salary packaging, your way

Maxxia’s Online Signup is the easiest and quickest way to start salary packaging

Apply online today

Important information: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your employer’s approval. Maxxia may receive commissions in connection with its services. The Meal Entertainment benefit has a maximum annual cap limit of $2,650. This will appear as a reportable fringe benefit on your Payment Summary each year which will be included in a number of income tests relating to certain government benefits and obligations. This cap is separate from the FBT cap limits for everyday living expenses.

Maxxia Pty Ltd | ABN 39 082 449 036.

Distribution - Induction Health

Introducing salary packaging the Maxxia way.

Helping ease the costs of living by salary packaging? That’s Maxxia Relief.

How salary packaging works

Sign up to salary packaging, your way

So, what can you package?

Salary packaging

HECS

Meal entertainment

As a health worker you could be eligible to package up to $9,010 in living expenses each Fringe Benefits Tax (FBT) year.

Salary packaging with a HECS-HELP debt

Sign up to salary packaging, your way

Introducing salary packaging
the Maxxia way.