Salary package your family car utilising a Novated Lease.
In conjunction with our specialist provider, Australian Car Packaging, we offer Novated Leasing solutions, which allow our customers to enjoy significant tax savings when paying for and maintaining their family car.
A novated car lease allows employees to pay for a good portion of their vehicle running expenses including fuel, servicing, registration, tyres and insurance from their salary before tax, resulting in paying less tax every payday.
What is a Novated Lease
A Novated Lease is a finance arrangement used with salary packaging. It simply means that your employer pays for your car lease and car running costs out of your salary package through a combination of pre tax and post tax salary deductions. A novated lease allows you to drive the car you want and could save you thousands of dollars on the purchase price and running costs of your vehicle.
Benefits of a Novated Lease
Select your new or used car and save the GST on the purchase price.
The car is registered in your name (employee) with no business use required and no logbooks necessary.
You can novate one or more vehicles and also have a company provided car at the same time.
You will save GST on the running and finance components.
You will have access to National Fleet pricing for most makes and models of new cars.
You can take advantage of National Fleet pricing when purchasing tyres, servicing your vehicle and car related expenditure.
You will have access to Shell, Caltex and BP fuel cards.
Novated leasing provides significant savings for you, regardless of your salary or kilometres travelled.
No costs, charges, fees or Fringe Benefit Tax is payable by the employer.
Absolute minimal administration required by the employer.
Why you should consider a Novated Leasing arrangement as an employer
The savings are significant for the employee. This enables you to provide your employees with real value add without cost to you as the employer. That is why every month hundreds of thousands of employers across Government, Health, Education, and Defence sectors, as well as large and small public and private companies salary package vehicles for their employees.