A novated lease is suitable for employees who want to include a motor vehicle as part of their salary package. Changes to Fringe Benefit Tax mean that a novated lease may not be the best option for every employee which is why you should speak to our experts at MONEY4FINANCE.<\/p>\n
Firstly the employer needs to offer salary packaging as an option for employees to qualify. Secondly, the car needs to be used predominantly for business use, or the employer needs to be 100% FBT exempt. \u00a0Talk to us to see if a novated lease is suitable for you.<\/p>\n
A novated lease may mean you can access tax savings and can package the running costs as well as other range of benefits.<\/p>\n
Salary packaging, using a novated lease, can offer a tax advantage to employees, but it depends on several things such as the type of vehicle, kilometres travelled annually, FBT method used, employee\u2019s salary and all the fees, charges and lease interest rate charged by the Nominee.<\/p>\n
This could be the answer if you are looking at employee benefits, \u00a0salary packaging or a tax effective way of financing your car.<\/p>\n
A novated lease is an agreement between the employee, the employer and the finance company. \u00a0The employer takes responsibility for the lease but the lease payments are made from the employees \u00a0pre-tax pay and they\u00a0get the use of the car.<\/p>\n
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A Novated Lease Might Be Perfect\u00a0You A novated lease is suitable for employees who want to include a motor vehicle as part of their salary package. Changes to Fringe Benefit Tax mean that a novated lease may not be the best option for every employee which is why you should speak to our experts at […]<\/p>\n","protected":false},"author":2,"featured_media":373,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-loan-page.php","meta":[],"_links":{"self":[{"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/pages\/331"}],"collection":[{"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/comments?post=331"}],"version-history":[{"count":17,"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/pages\/331\/revisions"}],"predecessor-version":[{"id":665,"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/pages\/331\/revisions\/665"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/media\/373"}],"wp:attachment":[{"href":"http:\/\/www.money4finance.com.au\/wp-json\/wp\/v2\/media?parent=331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}