Remunerator News

May 8 2014

NAB Salary Packaging Cards

Customers who were salary packaging a NAB Threshold Card in the 2013-14 FBT Year, were reminded to spend any available balance prior to 31 March 2014.

In the event that this was not achieved by your employees, the funds have been returned from the NAB to us and will be accounted for as part of the individual salary packaging reconciliations.

The Reconciliations CSV file will provide you with a positive balance that you are to return to your employee via payroll with PAYG tax applied.

Please expect any funds returned from the NAB to be deposited into your bank account from the 7th May 2014.