QANTAS Club (Lounge) Membership
Description
Qantas Club membership.
What is allowable?
The cost of membership to the Qantas Club (two-year memberships only).
The cost of membership to other airline lounges is excluded.
Taxation issues / status
Covered under section 58Y of the Fringe Benefits Tax Assessment Act 1986.
Substantiation Documentation
No declaration of business/private use is required under section 58Y.
Form of Payment
The financial benefit to the employee is a reduction in their fortnightly PAYG tax.
The employee will have the membership fee deducted from one pay and the University will forward that fee to Qantas.
Package Cost
The cost of the membership (currently $187.00 joining fee + $325.00 for a two year membership, a total of $512.00) This may vary, plus a one off administrative fee of $10 to cover the additional work required in the administration. The administration fee will be treated as a salary sacrifice expense and deducted from the employee?s pre tax pay.
Other Information
- Will be coordinated through Human Resources
- Will have a common renewal date
- Requires a minimum of 10 applications
- Membership kits will be delivered directly to individuals at their residential address
- Renewals will be coordinated through Human Resources
How to Apply
The employee completes a 'Corporate Membership (Individual)' form, available from Mike Brown, Remuneration and Benefits.
These should be sent to:
Salary Packaging Coordinator,
Human Resources,
3rd floor,
Raymond Priestley Building
HR will process the forms and email confirmation of the processing.