Novated Lease Novated Lease

Novated Lease for employers

Discover all the benefits of offering novated leases for your employees

A novated lease can be a simple and cost effective way for your employees to purchase their next car

This popular salary packaging tool could offer employees a tax-effective way to free up their cash. It includes running costs with flexible terms and is simple to set up. What’s more, there’s no impact on your business’s balance sheet.

Why offering novated leases is great for employers

Reward your staff

Reward your staff

A novated lease is a great way to attract and retain staff, helping you add more value to their remuneration package.

Easy to manage

Easy to manage with no cost to your business

Everything is handled with one, simple monthly invoice, and there’s no impact on your business’s balance sheet.

Full support

Full support

Chat with our novated lease experts any time from Monday to Friday, 8.45am 
to 7pm AEST.

Lower overheads

Lower overheads

Boost your team’s mobility with this off-balance sheet product, which can help to reduce your payroll tax.

What's included

Just one monthly payment covers all the big-ticket costs of owning the car.

Upfront costs:

  • Car price and accessories
  • Dealer delivery charges
  • First year registration and CTP insurance
  • Purchase stamp duty
  • Novated lease establishment fee
  • Personal Property Security registration fee
  • Luxury Car Tax (if applicable)

Running costs:

  • Mechanical repairs, maintenance and servicing
  • Replacement tyres
  • Fuel
  • Roadside assistance
  • Comprehensive car insurance
  • Registration/CTP renewals

What's not included

  • Tolls
  • Fines
  • Insurance excess

Like to know more, or are you ready to get started?

Our novated lease experts are on-hand to answer any questions and talk through your options. If you’d like to see what your employees’ monthly payments could be, use our handy calculator.

Contact us
Frequently Asked Questions

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