| Circular Number | 2018-04 (revised) |
| Issue date: | 26 October 2018 |
| Revised date: | 20 December 2018 |
| Application: | All Victorian public sector employers |
| Resources | Executive Vehicle Cost to Package Calculator |
| Enquiries: | Integrity and Oversight branch Victorian Public Sector Commission 03 9922 8600 [email protected] |
This Circular has been revised to clarify its application to existing public service employees as at 10 October 2018.
The Executive Vehicle Cost to Package Calculator is now available on the VPSC website in the Victorian Public Service Executive Resource Suite.
Victorian Public Service employers who provide packaged vehicles to Victorian Public Service employees must apply the updated formula to any employee who commenced their employment on or after 10 October 2018.
Following consideration by the Victorian Secretaries Board and on the advice of the Department of Premier and Cabinet, for Victorian Public Service employees who commenced their employment prior to 10 October 2018, the updated Calculator will apply from 1 July 2019.
The formula underpinning the Calculator is set out in the Victorian Public Service Executive Handbook (the Handbook) and is therefore binding on Victorian Public Service executives and their employers.
The Calculator is mandatory for the Victorian Public Service.
All Victorian public sector entities are encouraged to revise their policy and procedures on salary packaging of motor vehicles, ensuring these are informed by the Calculator and the Handbook.