02/02/2008 | Employee Novated Leasing - What is it?

Case Study An organisation of 250 staff wanted to survey their employees to ask them who had bought a brand new car for themselves or any member of their family this year? You see, if an employee is buying a new car for themselves and they salary package then why not take advantage of using tax free mileage and car payments to reduce your overall costs. But wait! Why not buy a car for personal use at “fleet prices” and save thousands of dollars. The tax office allows you tax free benefits for Employee Novated Vehicle Leasing and the CBB arranges “fleet pricing”. Also, the vehicle must be purchased by the individual and not the company. You can still buy the same car that you would have bought, with all the bells and whistles you like, from the dealer of your choice. But at far better prices than you could have ever imagined! Want to know more – ring 1300 763 505 Some conditions apply participating organisations only Back to news archive