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The Australian Taxation Office (ATO) determines the Fringe Benefits status of all employers in Australia, as such there are four key groups that Paradigm administer salary packaging services for:
Paradigm also has a car leasing department, justDRIVE, offering a complete service to salary packaging a car by a novated lease. justDRIVE's service involves finding the car for you, getting competitive finance and getting it on the road. No hassles, no legwork. justDRIVE is your one-stop shop.
Information fact sheets
Following is a range of everyday expenses you may be eligible to salary package. At Paradigm we refer to these items as ‘benefits’ aptly named after our long established salary packaging software Bene-fits. Your employer’s Fringe Benefits status will determine the type of benefits you can package.
Popular benefits include:
Disability Income Protection
Financial Advice Fee
General Meal entertainment (This fact sheet does not apply to employees of the Western Australian Government Health Service)
Investment Loan Interest
Laptop PDA Benefit
Living Expenses Benefit
Membership fees and subscriptions Benefit
Mortgage Repayments Benefit
Novated Lease Benefit
Rental Repayments Benefit
Self Education Expenses benefit
Superannuation Benefit
Personal Loan Repayments
Home Office Expenses
Paradigm Total Salary Management Bene-fits Software
Paradigm salary packaging and administration solutions for employers and employees are delivered through Paradigm Total Salary Management Bene-fits Software which address all areas relating to remuneration and benefits packaging.
We effectively administer the time consuming and detailed areas of Salary Package Design, Salary Package Administration and Fringe Benefits Tax compliance.
Our software, considered one of the most comprehensive in Australia, manages all facets of GST and FBT logistics and reporting within the business in a scalable and userfriendly environment.
The software allows employees to salary package a large number of what would be everyday expenses, increasing their take home pay significantly.
Features include
- Full package design and calculation tool
- Comparisons of salary package benefits to benefits being paid from after tax income
- Flexible benefits choice - over 50 options
- Simple benefits payment recording system
- Easy calculation of FBT accruals
- Tracking of payroll tax and Workcover
- Full reporting for benefits/total employment cost
- Full documentation with employee termination
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