Helping employees access more of their salary.

Paywise Pty Ltd (“Paywise”) is a leader in salary packaging solutions for public and private entities across Australia and to all Fringe Benefit Tax (FBT) organisation types: private enterprise, not for profit employers, charities and the health sector.

We help employees to access more of their salary by paying less tax.

Our clients include small, medium, and large employers in an array of industries, including government, education, mining, financial services, legal, accounting, and human resources.

Delivering remarkable customer service accompanied with simple salary packaging and employee benefits, we aim to always satisfy the needs of our clients and their employees who are taking advantage of their benefits.

Paywise has headquarters in Perth and offices in major cities across Australia. Being a part of COG Financial Services Ltd, we work hand-in-hand with leading novated leasing provider and subsidiary of COG, Fleet Network.

Our Journey.

Paywise originated in 1989 with the commencement of research into salary packaging benefits and operation, which resulted in the exciting development of Paywise’s in-house salary packaging software. The software was operated by individual businesses to model and manage salary packaging savings available to their employees. Car dealerships utilised the software to demonstrate the benefits of packaging to their clients.

As the industry grew and the legislation / reporting requirements became more complex, Paywise evolved its service to an outsourced business model. Paywise is now becoming a leading player in Salary Packaging, offering a unique service of both salary packaged and non-salary packaged benefits.

Why Paywise?

Salary packaging requires adherence to Australian Tax Office (ATO) legislation. It is a complex environment, can change regularly and requires significant substantiation for the establishment of benefits and for payments. Choosing to outsource salary packaging administration means employers and employees like you benefit from the simple terminology and explanation of salary packaging without the need to undertake the detailed work and education to ensure the offering is ATO compliant. By choosing to outsource the administration of salary packaging to Paywise, you will benefit from:

• Reduce organisational risk: Keep up to date with ATO legislation; calculate Fringe Benefits Tax (FBT); report to you as required by legislation including FBT, GST, reportable fringe benefit values, superannuation; collect and securely hold all relevant documents and substantiation; provide an account manager as a single point of contact for all employer interaction.
• Assist payroll processing: provides pay period deduction advices on deductions or refunds for each employee; train and support payroll in the application of those advices; reconcile remitted funds and hold in trust account structure.
• Assist employees realise savings: deliver presentations, models to support participation in packaging; provide online access to salary packaging statements and balances.
• Paywise Novated Leasing: will assist with car packaging by providing vehicle sourcing, financing, insurance and fuel cards for vehicle expense management and monitor the usage to manage FBT.

Paywise is dedicated to offering a simple solution for employee benefits whether they are salary packed or not. We want to make your life relaxed and carefree by ensuring we look after you through your journey, choose a simpler life by choosing Paywise.