Car Offers available with a Novated Lease
2022 Audi Q3 Sportback – Save $2,751 per year in tax
This offer is an example of how you could save thousands of dollars in tax with a Novated Lease. A Novated Lease is an agreement between 4 parties; yourself, your employer, a finance company and an administrator (such as FAA Group).
Your Employer pays your car lease payments and running expenses with Pre-Tax dollars (e.g. 34.5% tax saving) and GST refunded (10%). Therefore, you get the majority of your car expenses paid with a discount (e.g. 45.5%), depending on your situation, this could potentially save you thousands of dolars in tax.
Call 1300 49 11 41 or click here to arrange an appointment to discuss your options.
A Novated Lease could:
- save you money by reducing the amount you pay to the tax man
- save you money as you don’t pay GST on your running costs such as fuel, servicing, lease repayments, insurance and other normally GST inclusive vehicle expenses
- reduce budget stress and cash provision as your expenses automatically comes out of your wage
- give you unrestricted use of your vehicle, whether for work or personal use