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| Benefits of Salary Packaging for an Employee | |
| • |
Tax effective means of acquiring and operating
a motor vehicle A Lease & Asset managed Novated Lease allows you to sacrifice a portion of your pre and post Tax income to deliver the most tax effective means of acquiring a vehicle for private use. Substantial savings can be achieved over acquiring and operating a vehicle from after tax income. (Refer Salary Sacrifice Calculator). |
| • | Acquisition and Operating Cost Savings We can assist in the purchase of most new vehicles at substantial fleet discounts to minimise Fringe Benefit Tax and Lease expenses. We control and monitor fuel and maintenance at pre-arranged discounts delivering lower operating costs. |
| • | Flexibility of Choice The choice of vehicle is yours and is only constrained by the amount of Income you choose to sacrifice. The vehicle can be new, used or even a luxury vehicle (used vehicles can be no more than 8 years old at the end of the Lease Term.) |
| • | No Business Use Required Our Novated Lease can be used for total private use, you can even novate a motor vehicle for your spouse or a family member. |
| • | GST Benefits A Lease & Asset managed Novated Lease passes the GST benefit of operating the vehicle, claimed by the Employer, on to you. |