Blogs

When it comes to saving on car expenses through your salary, two common terms often cause confusion, novated leases and salary sacrifice car leases. At first glance, they may seem interchangeable, but dig deeper and you’ll find important distinctions in structure, tax benefits, and employer involvement. In this guide, Fingo unpacks everything Australian employees need … Continued

I still remember the first time I saw the smart #3 glide through city streets, it was unmistakable. Sleek like a coupe, yet with all the presence of a compact SUV, it was the kind of electric car that made me do a double-take. Behind the wheel, it felt agile and confident, its silhouette was clean … Continued

A novated lease is a three-way agreement among an employee, their employer, and a finance company, facilitating the leasing of a vehicle through salary packaging. This arrangement allows employees to use pre-tax income for vehicle expenses, potentially leading to significant tax savings and streamlined budgeting. Understanding the detailed components of a novated lease package is … Continued