Tags: Novated Leasing Calculator

Why should I include the vehicle running costs in my Novated Lease?

Why should I include the vehicle running costs in my Novated Lease?

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

The Best Novated Lease Calculator

The Best Novated Lease Calculator

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 a Novated Lease work?

How does a Novated Lease work?

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

How can I calculate my savings with a novated lease?

How can I calculate my savings with a novated lease?

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

Do Novated Leases save you money?

Do Novated Leases save you money?

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