NB: Prior to using this spreadsheet, staff should read the
notes provided below.
Notes
Prior to using the above spreadsheet, staff should understand
what options are accessible under their particular employment
arrangement. The spreadsheet contains several options, some
of which may or may not be available to all staff. The Human
Resources website has information in relation to who has
access to the various employment
flexibility and salary
sacrifice options.
This spreadsheet is provided merely as an indicator as
to the payroll processing of the various options. It does
not take into account your personal circumstances and financial
situation. It should not be considered to be financial advice.
Some salary sacrifice options require the employee to outlay
an initial purchase amount - this should be taken into account
before entering into such an arrangement.
Staff should undertake financial advice if they are
uncertain about the full impact of any arrangements on their
overall financial situation.
The spreadsheet can be opened on-line or downloaded to
your desktop.
To use the spreadsheet:
Select the correct details within the Employee/Appointment Details box (Classification/Fraction/Superannuation/Tax).
Select the required options for inclusion in the standard calculation - this sets your base position which you can compare against.
Select the required options for inclusion in the alternative (comparative) calculation.
Save or print out the calculation sheet.
Read the notes included on the sheet and we recommend that you undertake financial advice prior to entering into any salary sacrifice arrangement.
