A novated lease offers a flexible and tax-efficient way to finance a vehicle by integrating it with your salary package. This arrangement allows you to make lease payments from your pre-tax and post-tax income, potentially leading to significant tax savings. Despite the benefits, many people harbour novated lease misconceptions that can deter them from considering … Continued
Whether exploring the advantages of a novated lease in Australia, seeking to understand the lease benefits or looking for the best options for car loans, our collection of blogs offers valuable insights and practical advice. Understanding the Novated Lease Australia: Benefits and Advantages Explore the financial perks and flexibility of novated leases, a popular option … Continued
In the past, many businesses have been put off providing their staff with personal vehicles. This, no doubt, is thanks to the 47% fringe benefits tax – which, as you know, can be handballed to employees themselves and taken out of their salary. But that’s changing, big time, and it will now get a whole lot easier to negotiate an electric vehicle included in your work benefits.
