In accordance with the Staff Agreement or other industrial instrument, eligible staff may apply to receive a salary lower than that to which they are otherwise entitled, in exchange for University payment of the item(s) outlined in the Agreement or industrial instrument.
In such cases the amount of reduction in salary payable will be equal to the University payment, together with any tax payable upon such payment being made by the University to the benefit of the employee.
Prior to using this 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 Salary Sacrifice Options page above has information in relation to who has access to the various employment flexibility and salary sacrifice options.
Laptop computers may be salary sacrificed where the use of the laptop computer is primarily for use in the employee''s employment. Please take a few minutes to read the details of the UTAS arrangement (PDF 231KB).
Apple iPad: The Australian Taxation Office considers the iPad and laptop computers to be different products as far as salary sacrifice arrangements are concerned. The University salary sacrifice scheme for laptop computers does not include iPads or similar tablet devices.
Prior to purchasing a laptop, the Approval for the Salary Sacrifice of a Laptop Computer (PDF 36KB) form must be completed and signed by your Head of Budget Centre. The details of your application will be assessed by the University. If it is agreed that based on the information provided, it is reasonable to conclude that the laptop is to be used primarily for use in your employment at UTAS, you will be advised that a sacrifice arrangement has been agreed and you will be provided with a Salary Sacrifice/Reimbursement form which can be used once you have purchased the laptop computer.
If you have any questions in relation to laptop salary sacrifice please call Payroll Services on 3415.
Employees who wish to salary sacrifice Qantas Club or Virgin Blue Memberships should read the details contained in Airline Club Membership Salary Sacrifice Arrangements (PDF 70KB).
For new (or renewal of) Qantas Club Memberships please refer to Qantas Club (PDF 77KB) contact details, corprate rates and UTAS Corporate Scheme number.
The following salary sacrifice/reimbursement form needs to be completed and appropriate documentation attached for new memberships and renewal of memberships:
For more details refer to the form which is available from the Campus Services.
Membership fees for the University's Sport and Recreation Centres. Relevant forms are available from the Unigym.
Motor Vehicle Salary Packaging (novated leasing) can be arranged through an arrangement we have with LeasePlan Australia.
Staff may opt to have their employee superannuation contribution (7 per cent of salary) to UniSuper's Defined Benefit Division or Accumulation 2 Plan paid by the University as an employer superannuation contribution. In such cases, the employees salary will be reduced by the amount necessary to pay both the superannuation contribution and the 15 per cent tax payable by the University upon making the payment as an employer superannuation contribution. For more details refer to the Salary Sacrifice for Employer Payment of Unisuper Employee Contributions (PDF 209KB) form.
Voluntary pre-tax contributions can also be made under salary sacrifice arrangements. For more details refer to the Salary Sacrifice for Voluntary pre-tax superannuation contributions to Unisuper (PDF 167KB) form.
Salary Sacrificing Leave Pay-outs into Superannuation
The University's Staff Agreement allows relevant employees to elect to receive a lump sum salary payment in lieu of the part their leave balance which is in excess of 20 working days for Annual Leave and 25 working days for Long Service Leave.
Please note that it is not possible to receive a lump sum leave pay-out in the form of an employer superannuation contribution as opposed to receiving it as PAYG salary. (Current taxation legislation does not allow salary sacrifice of entitlements already accrued, however, the legislation does allow salary sacrifice of entitlements yet to be accrued.)
However, it is possible to receive a lump sum leave payment as PAYG salary on the one hand, and salary sacrifice an equivalent amount of normal salary into superannuation on a prospective basis on the other hand.
An employee elects to receive a pay-out of leave which has a gross value of $1,000. Although this $1,000 payment cannot be salary sacrificed and paid directly into the employee's superannuation account as an employer contribution (from pre-tax salary), the following arrangements achieve the same result:
The end result being:
Queries in relation to salary sacrificing into superannuation should be directed to Sandra Lyons, Superannuation Officer on extension 3156.
It is not possible to receive a lump sum leave pay-out in the form of an employer superannuation contribution as opposed to receiving it as PAYG salary. (Current taxation legislation does not allow salary sacrifice of entitlements already accrued, however, the legislation does allow salary sacrifice of entitlements yet to be accrued.) However, it is possible to receive a lump sum leave payment as PAYG salary on the one hand, and salary sacrifice an equivalent amount of normal salary into superannuation on a prospective basis on the other hand. Information in relation to salary sacrificing leave pay-outs into superannuation (PDF 202KB).
Authorised by the Director, Human Resources
13 January, 2014