Want to pay for your new car with tax-free dollars?
If you are considering a new or late model car, a novated lease could save you thousands in acquisition and running costs. This benefit is in addition to your standard salary packaging amount, enabling you to save even more tax each year!
What is a novated lease?
A novated lease is a three-way agreement between an employer, an employee and a vehicle leasing company whereby the employer deducts recurring payments from the employee’s gross salary. These payments are made with pre-tax dollars, helping you save a substantial amount on the vehicle costs. Better yet, you can package your total running costs to save even more.
Importantly, novated leasing allows you to salary package the car of your choice- you can select the make, model and colour that you want.
Download our Novated leasing brochure