Why Choose Vehicle Solutions For A Novated Lease? 1. Vehicle Solutions Australia has been one of Australia’s most trusted Novated Lease providers for nearly ten years. Vehicle Solutions Australia has been providing Novated leases to Australia employers for nearly ten years. We now service over 85 employers throughout Australia including ACT Government, and through 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
Loan or Lease? A True Comparison Many of our clients want to compare the differences between a normal car loan or attached to a home loan with and a novated lease. We hope this article assists in this comparison. If you have any questions regarding this comparison please feel free to call us on 1300… Read more
What is a Novated Lease? To drive a car you need to pay for fuel, tyres, servicing, registration and insurance. A Novated Lease simply lets you pay these expenses before tax. How does it work? A Novated Lease is simply an arrangement between a leasing company, an employer and an employee. The Novated lease allows an… Read more
Vehicle Solutions Australia – “Self Managed” Novated Lease For SA Government Employees Vehicle Solutions Australia have provided SA Government Self Managed Novated Leases for over 8 years. An SA Government Self Managed Novated Lease has been establish by SA Government to ensure you get the most competitive Novated Lease. Now that SA Government have made… Read more
SA Employees choose our competitive Novated Lease. We have just had our biggest month on record. Thank you to all SA Government employees who chose our competitive Novated Lease. Why is Vehicle Solutions more competitive? It’s simple; We get our clients a cheaper new car price via our sister company MotorBuys. www.motorbuys.com.au. We provide a cheaper lease… Read more
Do I Pay GST on a Novated Lease Car? The simple answer is NO ! By Australian Tax law the leasing company must pay the dealership the GST included in the purchase. However the leasing company is then free to claim 100% of the GST payment from the ATO. So the amount you finance for… Read more
FBT on a Novated Lease is not as big and scary as most people make out. FBT is just a tax the same as any other. The difference is most of us never come into contact with it. FBT stands for Fringe Benefits Tax. This tax can be used to your advantage through a Novated… Read more
FBT on a Novated Lease The calculation for FBT on a Novated Lease is now a simple 20% of the value of the vehicle before government registration and stamp duty. There are no longer restriction on how many km’s you need to travel. This means that for most Australian’s paying more than 20% marginal tax… Read more