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Update Rule “salary-sacrifice-electronic-devices/rule”
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Calinator444 committed Dec 14, 2023
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Expand Up @@ -19,9 +19,7 @@ redirects:
- salary-sacrificing-eletronic-devices
created: 2023-12-11T00:10:16.831Z
guid: 08919f62-423b-4734-b99e-54903108e240

---

Are you planning to buy a cool laptop to boost your productivity? You can place your order from Apple or JB HiFi at full price. Or if your employer offers the ability to Salary Sacrifice, you can spend less by paying with your **pre-tax** money (rather than after-tax).

`youtube: https://www.youtube.com/watch?v=ZLfPzCtTHPE`
Expand All @@ -34,13 +32,8 @@ In Australia, salary sacrificing is when your employer agrees to pay for your de
Most companies will let you salary sacrifice FBT-exempted portable electronic devices that:

* Are used predominantly for work-related purposes

* Are easily portable and designed for use away from an office environment

* Are small and light

* Can operate without an external power supply

* Are designed as a complete unit

This provides you with a wide variety of work-related devices that you could salary sacrifice and save money on. Some devices such as laptops, tablets, phones, and headphones are just some of the examples.
Expand All @@ -67,20 +60,20 @@ Salary sacrificing has many awesome benefits:

#### Scenario

Bob is earning $111k per annum (salary package inclusive of Super). He wants to buy a $5,500 laptop.
Bob is earning $111k per annum (salary package inclusive of Super). He wants to buy a $5,500 laptop.\
Let's look at how he saves **$2,500** on the new laptop.

![Figure: Without Salary Sacrificing vs Salary Sacrificing](https://github.com/SSWConsulting/SSW.Rules.Content/assets/115961605/3d97ac78-49c7-4045-8ab2-4d615de78c0a)

| | ❌ Without Salary Sacrificing | ✅ With Salary Sacrificing |
|:-------------------------------------|-------------------------------:|-----------------------------:|
| Salary package inclusive of Super | $ 111k | $ 111k |
| Less Super | $ 11k | $ 11k |
| Pre-tax deduction | $ 0 | $ 5k |
| Gross Income | $ 100k | $ 95k |
| Less Tax | $ 26k | $ 24k |
| 💻 Purchase | $ 5k | $ 0 |
| 💻 GST on Purchase | $ 0.5 | $ 0 |
| **Take-home pay** | **$ 68.5k** | **$ 71k** |

**Figure: Bob saved $2,500 on take-home pay with salary sacrificing**
| | ❌ Without Salary Sacrificing | ✅ With Salary Sacrificing |
| --------------------------------- | ---------------------------- | ------------------------- |
| Salary package inclusive of Super | $ 111k | $ 111k |
| Less Super | $ 11k | $ 11k |
| Pre-tax deduction | $ 0 | $ 5k |
| Gross Income | $ 100k | $ 95k |
| Less Tax | $ 26k | $ 24k |
| 💻 Purchase | $ 5k | $ 0 |
| 💻 GST on Purchase | $ 0.5 | $ 0 |
| **Take-home pay** | **$ 68.5k** | **$ 71k** |

**Figure: Bob saved $2,500 on take-home pay with salary sacrificing**

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