Remunerator News

Mar 11 2015

NAB Salary Packaging Cards – Public Hospitals and Charities

Clients who offer Employees the NAB Salary Packaging Threshold Card are reminded to encourage staff to spend any available balance prior to the end of March.

As the funds on this card form part of the tax-free threshold entitlement, failure to utilise the funds available in time will significantly impact individual salary packaging entitlements.

The available funds can be used until midnight 30 March 2015 only. We are unable to guarantee that funds will be available after this time due to NAB processing requirements.

Any balance remaining will be returned from the card and form part of the package reconciliation, which may be returned via Payroll with PAYG tax applied.

Your employees can check their card balance by contacting NAB telephone banking on: 1300 651 656 or visiting www.nab.com.au.