The offers below are examples 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 dollars in tax.
Call 1300 49 11 41 or click here to arrange an appointment to discuss your options.
Tax savings based on anual income of $60,000 income and 20,000km usage per year over a 5 year lease period.
2023 Hyundai Kona
LIST PRICE: $58,500
All expenses included with a Novated Lease
Your deductions of $174/wk include:
Car Loan Repayments
$4,889 per year
Other Novated Lease examples
2022 Toyota Landcruiser GX
Save $3,713 a year on Tax!
2022 Audi Q3 Sportback
Save $2,751 a year on Tax!
2022 Toyota Rav 4
Save $2,218 a year on Tax!