Are you wishing you could make your dollar go further yet dreaming about that new iphone or computer purchase? Well, dream no longer! A salary packaging calculator can help you attain both of these things at the same time.

So what is a salary package calculator you ask? Put simply, it’s a means of calculating what deductions are to be made from your salary before tax is taken into consideration.

For example, let’s say you wanted to purchase a laptop for work and decided to use a salary sacrifice to do so. The cost would be deducted from your pay before any tax is applied. This allows you to spend your money before the tax man gets his hands on it. This in turn lowers your net pay and further reduces the amount of tax you are liable to pay.

Sounds complicated right? Well, by using a salary packaging calculator, this entire process can be made simply and quick. Better yet, you can use salary packaging services who will do all the work for you.

Using such services makes sense because they’re the salary sacrifice experts and know all the tricks for minimising the amount of tax you’re required to pay while making your dollars stretch further. This can mean the difference between getting a good deal or a great deal on whichever items you want to buy as part of a salary package deal.

It’s no surprise that such services are in large demand across Australia as this is the smart way to purchase the things you want.

If you want to buy cheap cars you will need to consider all your car finance options. Use a car loan calculator to work out your standard repayments on a traditional car loan or use a novated lease calculator to work out whether a novated lease is right for you.