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
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