Novated Lease
There are a number of benefits when it comes to choosing a novated lease for the purchase of a vehicle, both for an employer and employee.
One of the key elements of a novated lease is that of the novated lease repayments come from pre tax income (gross) and can form part of a salary package arrangement with your employer.
Below are some of the benefits of a novated lease: -
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Potential to lower your tax threshold through salary packaging (please seek independent advice) |
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Flexibility in choice of vehicle purchased |
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Expenses for the novated lease come from pre tax income |
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An employer can benefit by not having to maintain a fleet and also eliminates disposal issues if the employee leaves the organisation |
If you haven’t considered a novated lease in the past then maybe it’s time you looked at this option.
To find out if a novated lease suits your needs simply call or via this site. Alternatively you can obtain further information on from our parent company.
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