SmartSalary Pty. Ltd. ("SmartSalary" or the "Company") is Australia's second largest but fastest growing outsourced salary packaging administration company. The Company was incorporated in May 2001 in New South Wales, Australia.

Salary packaging administration is an Australian Tax Office-approved means of allowing employees to effectively restructure their income. The need for such a service arises due to the complex nature of the Australian Taxation System. The current Fringe Benefit Tax system provides concessions that allow qualified employees to restructure portions of their gross salary into non-taxable benefits that would subsequently lower their taxable income and increase their take home pay. Previously, salary packaging administration was undertaken by employers on an in-house basis. Increasingly, however, this administrative function has been outsourced to specialized companies such as SmartSalary.

SmartSalary's services ensure the implementation of a well-aligned salary packaging policy and the delivery of a comprehensive tax management reporting suite. SmartSalary also provides other associated services for its clients, such as financial planning, car lease finance broking, and related employee benefits.

SmartSalary is ranked amongst the top 50 companies in Business Review Weekly's "FAST 100 index" of Australia's fastest growing small-to-medium sized companies. SmartSalary employs about 180 employees, across five Australian cities, providing high quality service to over 75,000 individuals across 70 employer organizations. The Company specializes in servicing Large Corporate Clients, Commonwealth and Australian State Governments, Major Health Care Groups and other Public Benevolent Institutions.

For more information, please visit the Company website at www.smartsalary.com.au.