Novated Lease Pros and Cons
A novated lease is a unique arrangement where you lease your car through your employer. Having your payments deducted from your pre-tax income brings with it a range of tax benefits and other advantages, but they aren’t for everyone. Weighing up the pros and cons is essential before you apply. Novated lease benefits Reduces your […]
Novated Lease Australia
What is a novated lease? A novated lease is a salary sacrificing or salary packaging agreement between you, your employer and a novated lease provider. Here’s a quick rundown of how it works: Your novated lease provider purchases your car and leases it to your employer, who then gives you access even if it’s only for private […]
Fully Maintained Novated Lease
A fully maintained novated lease is a car finance arrangement that lets you lease a vehicle through your employer, with all major running costs bundled into one regular payment. The cost is deducted from your pre-tax salary, reducing your taxable income and helping you save on overall costs. In return, you get full use of […]
How Car Salary Sacrificing Works
When you’re looking to finance your next car, it’s important to know that there are options beyond car loans. Car salary sacrifice agreements, also known as salary packaged car agreements or novated leases, are a popular alternative in Australia. With in-built tax savings from the get-go, it’s no wonder Australians are opting for these products […]