Common Contracts

1 similar Salary Packaging Agreement contracts

SALARY PACKAGING AGREEMENT
Salary Packaging Agreement • January 20th, 2011

STANDARD EMPLOYEE UNISUPER CONTRIBUTIONS I elect to package my compulsory employee contributions to UniSuper. While salary packaged contributions to UniSuper are FBT exempt, they are considered to be employer sponsored benefits and as such, attract a 15% contributions tax. To compensate for the contributions tax and to maintain an employee’s standard superannuation contribution at the correct rate, an employees pre-tax contribution rate will be increased to include the contributions tax, for example 8.25%, instead of 7%

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!