Employer Info on Novated Leases

Want to attract and retain the best staff without having to pay them more?

By offering your staff the option to salary-package their car - for either business or personal use - you're offering them the ability to make payments in pre-tax dollars, saving them thousands of dollars a year.

Salary packaging cars in this way is called novated leasing, and the benefits don't just apply to your employees.

Benefits to employers

• An employee is completely responsible for their car. This means if they leave your company, they take their car with them and you're not left with a car you don't need.
• Company cars won't appear on your balance sheet, increasing your business's borrowing capacity.
• By replacing traditional company cars with a novated leasing arrangement, you'll also have more capital to instantly invest back into your business.
• FBT reporting won't be necessary, saving you time and effort.
• You can reduce payroll tax, workers compensation premiums and possibly superannuation contributions.
• You can instantly access comprehensive reports online.

What next?

Call us on 1300 762 788 and one of our corporate consultants will answer any queries - we have extensive experience in managing company policy changes from traditional company cars to novated leases.

We also organise to make onsite presentations to your staff. In fact we handle all future staff-queries, providing them with detailed payroll estimates and advice, saving you the trouble.

Running a fleet of cars?

Read how our fleet management service can save you a bundle and free you up to focus more on your business.

» Contact Us for more info