A novated lease for not-for-profit organisations provides a strategic advantage. This specialised leasing arrangement allows non-profit employees to lease vehicles using pre-tax income, significantly reducing taxable income and maximising tax savings. More importantly, it helps organisations stretch their funds further.
By choosing a novated lease, non-profit organisations can ensure that more of their budget is invested directly into their core missions rather than overhead expenses. This efficient use of resources boosts the organisation’s financial health and increases employee satisfaction with an added benefit that enhances their compensation package.
