Salary packaging restructures the way in which you receive income, which may maximise disposable income. Salary packaging can offer you greater flexibility to match your individual lifestyle and lifecycle choices. Most department employees have access to some kind of salary packaging. Smartsalary is the department's salary packaging provider.
You can find out more about what options are available to staff on their website or the staff only salary packaging page. Skip to content Skip to search. Error while loading notifications. You have no notifications. My Essentials. Error while loading essentials. A transformative experience I was really proud of myself and filled with self-affirmation and gratitude.
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It has formed a wholly owned subsidiary, Paxys Australia Pty Ltd, to take over the New South Wales-registered Smart Salary, one of Australia's fastest growing small-to-medium companies.
Under the agreement, the sellers have the option to receive part of the purchase price in equivalent new shares to be issued by Paxys. Salary packaging administration is an Australian Taxation Office-approved means of allowing employees to structure their income through a combination of cash and other benefits.
Based on its long-term plans, the Filipino firm will use Smart Salary as a staging base to penetrate the BPO markets in the United Kingdom and other European countries. In buying Smart Salary, Paxys noted its "very strong" per cent annual revenue growth rate from to and the 36 per cent profit before tax margin for the current fiscal year.
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