So you’ve started thinking about making a change and investing in a vehicle novated lease? If this rings true, then you’ve probably realised the first and most natural step to make is to try out a car novated lease calculator! There are many options out there for Australians, and it can sometimes feel overwhelming trying… Read more
In today’s world, most people need to drive a car to get around, and it’s no secret just how quickly the associated costs add up. A vehicle novated lease could be the perfect solution that’ll save you both money and hassle! Vehicle novated leases can sound confusing, but once you understand how they work, you’ll… Read more
EASY, CONVENIENT AND VERY TAX EFFECTIVE. Including the running costs in your Novated Lease (Fully Managed Novated Lease) is more tax effective and is far more convenient because everything is paid for out of deductions from your pay. This is no more needing to budget for those big registrations and insurance bills (that inevitably arrive… Read more
A Novated Lease is a very simple way of paying for your car before tax. The payment of the car expenses is the only thing that is any different from you paying for all of your own vehicle running costs. With a Novated Lease, you Sacrifice a portion of your salary back to your employer…. Read more
What makes up the best novated lease calculator? Here are some of the key features that make up the best novated lease calculator; Honest, transparent information. There is nothing more frustrating than being quoted a figure on a website and then being charged something else when you go to pick up your item. Novated leasing… Read more
How does the cost of my car impact my lease payment? Yes, the price of the vehicle is one of the most important aspects of a Novated Lease and importantly effects how much you will pay each pay period for the lease. The more expensive the car, the higher the lease payment and also the… Read more
Who Can Get a Novated Lease? The simple answer is anyone! As long as you are earning an income and paying tax can get a Novated Lease. However, there are a number of considerations and processes that need to be in place before an employee can take advantage of the tax savings generated by a… Read more
The Australian Taxation Office (ATO) allow any employer to offer salary packaging/sacrifice to any employee. Car Salary Packaging can only be offered under what the ATO call a Novated Lease. A Novated Lease is a simple three way agreement between the employee, the employer and a leasing company (financier). Normally when an employee finances a… Read more
By using our online Novated Lease Calculator you can calculate your savings in as little as 30 seconds. However it is also important to understand where the savings are being generated. The following article outlines the way a novated lease works and how our Novated Lease Calculator generates the figures. For most employees without a… Read more
Yes you can save on tax with a Novated Lease. The Lease was first established to assist employers such as charities who found it hard to increase their employee salaries at the same rate as their private and government counterparts. These tax incentives (tax free income) helped these lower paid employees to pay general expenses… Read more