Can Companies Of Any Size Provide Novated Leases?

there are plenty of benefits that come with offering novated leases to employees. here are just a few:

• zero cost for the employer
  you can offer novated leases to your staff and it won’t cost you a cent. this means, your employees reap the benefit of reducing their payable tax, thanks to you, and drive around in a sweet set of wheels, thanks to you, and it costs you nothing!

• zero risk for the employer
  there’s no risk as an employer to offer novated leases. the repayments come out of your employee’s pre-tax wages, so they’re the ones paying it off. if they can’t make the repayments anymore, they’re the ones who are liable for it: it has nothing to do with you. if they change jobs or you need to let them go, that’s totally fine too – the novated lease goes with them.

• makes your business more attractive to employees
  employers who offer novated leases are incredibly attractive, making your business a place where people want to work. novated leases are particularly sought-after by millennials and gen-z employees who seek to avoid the huge upfront cost of buying a car.

• creates a sense of gratitude and workplace satisfaction
  your employees are happy, you’re happy – everybody’s happy when you offer novated leases!