Home > Finance > Novated Lease
Ideal for employees with the option of choosing a car as part of your salary package.
The Novated Lease is an agreement between the employee, employer and financial provider, where the lessee’s obligations are transferred to the employer. In essence, the employer pays the monthly rentals, running costs and Fringe Benefits Tax from the employee’s pre-tax salary. And concessions for Fringe Benefits Tax purposes make motor vehicles an attractive component of any remuneration package.
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