Novated leasing is a popular and tax-effective way for Australians to drive the car of their dreams.
It involves an agreement between you, your employer, and a finance company.
You choose the car, and your employer agrees to make lease payments on your behalf using your pre-tax salary.
This arrangement reduces your taxable income, leading to potential tax savings.
One of the key benefits of novated leasing is the financial savings it offers.
Because lease payments are made using pre-tax income, you may pay less tax overall.
Additionally, novated leasing provides flexibility, as you can choose the car that suits your needs and budget.
The arrangement also covers various car-related expenses, such as registration, insurance, and maintenance, making budgeting easier.
Novated leasing can be a convenient option, as Clear Lease handles the lease payments and other administrative tasks.
This allows you to enjoy your new car without the hassle of managing its finances.
Overall, novated leasing is a great way to save money, enjoy a new car, and simplify your finances.
