Introducing our new Cap Tracker
Introducing our new Cap Tracker
Depending on the industry in which you work and your employer’s policy, salary packaging can be a great way to potentially save on tax for a range of everyday expenses – from petrol and groceries to utility bills and even insurance premiums. And with the launch of the refreshed Maxxia app’s ‘cap tracker*’ feature, salary packaging has become even better.
The ‘cap tracker’ can help you stay in control with at-a-glance cap information – anytime, anywhere. With clear visuals that show spending and available balances across all your current salary packaging benefits, the cap tracker helps you do more with your money without any hassles.
It is important to utilise your full cap limit during the FBT year (1 April to 31 March). Because once the clock ticks over to 1 April, a new cap limit is allocated and the previous limit can no longer be accessed by spending or claiming.
How much cap do you have remaining? Find out with the new ‘Cap Tracker’, available on the refreshed Maxxia app. Head along to maxxia.com.au/maxxia-app, or visit the App Store or Google Play™ to download the app.