Depending on your organisation's tax status, you could offer your employees generous tax savings on the costs of eating out.
If you're an employer in the Not-for-profit, Disability and Aged Care or Healthcare sectors, depending on your tax status, you could boost your employees' take-home pay by allowing them to salary package up to $2,650 for dine-out meals and entertainment.¹ This could save them hundreds of dollars in tax each Fringe Benefits Tax (FBT) year (1 April - 31 March).²
Eligible employers can choose what to offer through this benefit. Below are common inclusions, but some organisations may allow things like holiday accommodation to be packaged.
Dining at a restaurant, café, club, pub or fast-food restaurant with family or friends.
Attending a charity dinner, ball or gala event where meals and drinks are part of the entertainment.
The cost of hiring professional caterers to prepare and serve food and drinks for a party.
Salary packaging restaurant or café meals is simple with the Smart Salary Packaging and Meal Entertainment card. It's a Mastercard that's loaded with employees' pre-tax dollars which can be used to pay for meal entertainment expenses (and everyday living expenses if they are also being salary packaged).
Organisations in these industries can offer meal entertainment, along with many other salary packaging benefits.
This is general information only. Before entering into any salary packaging or novated leasing arrangement, employees should consider their own objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon their own particular circumstances. The availability of benefits is determined by the employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a Smart™ company.
The Smart Salary Packaging and Meal Entertainment Card is a prepaid, reloadable Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131. Please consider if this product is right for you. Read the Product Disclosure Statement (PDS) and the Target Market Determination relating to this product before making any decision. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
1. Available for PBI 17 and PBI 30 employers. Subject to employer’s policy.
2. There’s a cap across Meal and Entertainment, Holiday Accommodation and Venue Hire benefits of $2,650 per FBT year (1 April –31 March).