PHEV novated leases will lose their FBT exemption after April 1, 2025. Lock in a lease now to save thousands, and if you have a PHEV novated lease, learn how this change affects you.
Novated leasing can be an attractive option for many Australian employees, offering tax benefits, convenience, and the opportunity to drive a new car every few years.
Discover if leasing an electric vehicle (EV) is more affordable than a traditional car. Explore cost savings, government incentives, and environmental benefits.
Novated leasing is a popular option for Australians looking to finance a vehicle, but it often comes with misconceptions. Let’s debunk some common myths.
The 2025 financial year brings several government benefits and incentives for individuals and businesses considering a novated lease.
Whether it’s increasing your superannuation savings, leasing a car, or enjoying other fringe benefits, understanding how salary sacrificing works and how to implement it can lead to significant advantages.
A novated lease is an agreement between you, your employer, and a finance company.
Novated leases offers tax benefits and simplified management of vehicle expenses.
Residual value is the estimated worth of the car at the end of your novated lease term. The residual value is based on various factors, primarily set by the Australian Tax Office but also includes the initial purchase price, its expected depreciation, and general residual value guidelines from your leasing provider.
Benefits of a novated lease include tax savings, convenience, flexible car choices, no hidden costs, and more.
