A tax-effective way to salary package your next car
You may have overheard work colleagues talk up novated leasing, but apart from “that thing where you could save on a car”, what is it – and how does it work?
Basically, a car is leased in your name, via your employer, but unlike regular car finance, your repayments are sourced from a combination of your pre and post-tax salary. While fringe benefits tax might apply, salary packaging a car could lower your taxable income and reduce the overall cost of running a car.
What’s more, a novated lease allows you to bundle not only your lease payments but all your car’s running costs – including petrol, insurance, rego and servicing – into one convenient regular payment.
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"RemServ just did everything. They were so helpful, I thought yes, let’s go for it! I don’t have to worry about petrol, about the tyres need replacing, or that it’s up for a service. All that’s been taken out of my pay and I just love it."
"A novated lease just makes financial sense… It’s enabled me to take the kids on holidays and treat them."
Whether you're ready to get started or looking to find out more, we’re here to help.
Contact us today
Whether you're ready to get started or would like to know more, we're here to help.