Taxbreak is Fingo's newest car finance service that is specifically designed to manage and maximise your tax savings. By calculating the optimal time to sell and upgrade your vehicle, you can keep up with the latest models without paying any extra.
The smart way of putting business users on the road for good in the most transparent, tax effective way possible. Fingo's in-depth industry experience, specialist accounting knowledge and technological systems ensure maximum savings for all types of businesses.
Novated Leasing in Australia has risen in popularity in recent years as business choose to appoint fleet managers rather than continue with in-house fleet management, which arose in the aftermath of the global financial crisis. Further, industry growth is projected as fleets are trending towards fuel-efficient vehicles that have high capital cost. Nevertheless, the advantages that personal use customers receive aren't seen by people using a novated lease for business use. Taxbreak evens the playing field by finding the same tax savings for people who fall under the business use umbrella. Another goal of Taxbreak is to clarify misunderstandings about car allowances. The most common of which being what taxes they can claim, when they can claim them, and what kind of industry specialists actually exist. Taxbreak lays it all out, plain and simple, so you stay in the know of exactly what you're entitled to.
Taxbreak by Fingo is a service that presents the most appropriate and optimal tax solutions for your given situation. Novated leases don't offer the same tax savings for business use purposes, which is where Taxbreak differs. The Taxbreak model diminishes depreciation during the early stages of the loan, which combined with the Optimum Vehicle Replacement program (a program unique to Fingo), provides the opportunity for the customer to get out of their car and into a new one sooner, for no extra cost while still retaining their first years tax benefits.
over 20,000 happy customers since 2004
"I've been a customer of fingo for over six years. In that time, I've both extended a lease and commenced an entirely new lease. Throughout each lease, fingo have been fantastic to deal with. Their customer service is responsive, the monthly statements that they provide are easy to read, and they ramp up contact with you in the time leading to end-of-lease to ensure that you have time to prepare; I didn't consider changing lease provider for even a moment.
When it came time to find a new vehicle, they went well above and beyond what I would expect - Frazer, my agent, hunted down exactly what I was looking for, at a great price, and kept my exposure to car dealers to a bare minimum. "
"I rang in asking for a personal car loan for a car and fingo’s consultant’s extensive product knowledge on finance helped me save thousands of dollars by explaining the benefits of salary packaging a car instead of the car loan I applied for. My employer now uses fingo for all the employees’ leases."
"Thanks Kim the car is working out really well, and the fingo fuel card is so handy for services and maintenance. At this stage we do not have any questions, but we really appreciate the all after sales follow up. Your customer service during the leasing process was outstanding, as it was last time. We would not hesitate to lease through fingo again when our lease is up. I believe two of my colleagues are now leasing through fingo."
"I loved the quick and seamless process that took place that enabled me to drive away in my new car within days. Much faster than my previous novated lease through another salary packaging company."
"Thanks to Paris and the friendly and professional team at fingo it made the purchase my third vehicle and setup of my first novated lease that very simple"
No hidden fees, expert knowledge and tailored finance solutions are just a few of the reasons Fingo works for you. Talk to a representative today.find out more
Our in-depth knowledge of industry financing means you get more from your dollar. Find out how you could be saving money through Fingo’s unique offering – Taxbreak.find out more