Fleet Network

Novated Leases - Employer Information

Offering salary sacrifice options such as novated lease vehicles to your employees can improve satisfaction levels in your organisation as well as presenting tax benefits.

What You Need To Know

Salary packaging can help employees feel valued and improve appreciation levels, especially when you offer options such as novated leasing that can make new car purchases more affordable and convenient. If you're interested in setting up novated leasing arrangements for your employees, get in touch with a salary packaging provider to find out more. You should also provide your employees with a link to the provider's website so they can have any questions answered.

Benefits Of Novated Leasing For Employers

These three-way arrangements are beneficial for all parties involved. Employees can avoid paying GST on new vehicle purchases, while employers can benefit from increased performance, attendance and other factors associated with improved staff satisfaction. Other advantages of novated leases for employers include the ability to claim input tax credits on GST paid as well as income tax deductions, and you will also be able to ensure your employees have access to convenient transport without having to manage your own company fleet.

Novated Lease Vehicles In Broome

Fleet Network offers salary packaging options including novated leasing in Geraldton, Broome and Perth, which can be provided through employers or directly to lessees. For more details about affordable vehicle purchasing through Fleet Network salary sacrifice arrangements at a flat 20 per cent of taxable deductions, call 08 6555 3854.

What Happens To The Novated Lease When I Change Employer?

If you've entered into a novated leasing arrangement with your current employer, you will be able to continue benefiting from the agreement even if you leave the company.

Arranging A Novated Lease

Novated leases are a popular and cost-effective option for employees who are looking to buy or lease a vehicle for business use, without having to pay GST. A novated lease is a form of salary sacrifice that involves setting aside a portion of an employee's regular wage for payments towards the cost of a new vehicle.

What Happens When I Change Jobs?

Novation agreements are fully transferrable. This means that if a lessee leaves their current job or has their position terminated, they will still be able to make payments towards a novated lease, with the lease obligations being transferred directly to the employee rather than their employer. In some cases, a new employer may take on the lease obligations.

Employees who are planning on changing jobs or who are concerned about losing their jobs should contact their novated lease provider directly to find out how to take over the lease obligations themselves.

Novated Leasing In Geraldton

Fleet Network administers novated leases for vehicles in Broome, Albany, Geraldton and Perth, both through employers and directly with employees. To find out more about how you can benefit from novated leasing and other salary packaging options at a flat 20 per cent of taxable deductions, contact Fleet Network on 08 6555 3854.

Happy Mother's Day and Best Wishes From The Staff at Fleet Network!

Subaru Dog Tested Commercial

Subaru recently put together a great set of commercials for their “dog tested” campaign.

Here is a great one from their Ski Trip video. That features quite a few dogs and their new All-Wheel Drive 4 cylinder Outback model.

Follow this link to see some of the bloopers from the dog tested commercial.

If you’re interested in grabbing one of these beauties and want to put your tax to good use and save yourself a significant amount of money, we can help! By using novated leasing and salary sacrificing through Fleet Network, we can help you manage and save on a range of different expenses for the life of your vehicle.

Fleet Network can arrange novated leases for both private industry and government employees across the country, for almost any new or late-model vehicle. Call 08 6555 3854 find out how easy it is to arrange a novated lease today. We service areas all across Australia like Broome, Mandurah, Geraldton, Albany and Perth.