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Fuel Consumption in Australia: What Drivers Should Know
Are you tired of constantly filling up your car and wondering if you’re spending more than you should? Fuel consumption can have a significant impact …
Types of Fuel in Australia: A Simple Guide for Drivers
The world of fuel types can be confusing for many drivers, especially as car technology continues to evolve and fuel prices keep rising …
Novated Lease for Small Business: Drive Smarter with Tax-Friendly Vehicle Solutions
If you're a small business owner, chances are you’re always looking for ways to maximise your financial flexibility while reducing expenses. One of the most efficient …
Novated Lease Calculator Australia: See Your Real Savings in 60 Seconds
Choosing a new car is a big decision, especially when you’re factoring in your salary, tax, and long-term costs. The novated lease calculator Australia provides clarity at the final decision-making stage.
Upgrade Your Ride with Affordable Novated Lease Options
Are you looking to upgrade your ride without breaking the bank? A novated lease offers an affordable and tax-effective way to drive a better car. By making your …
Step-by-Step Guide to Setting Up a Novated Lease
Embarking on a novated lease can be a strategic move for Australian employees seeking tax-effective vehicle financing. We'll explore how to assess your …
How Novated Leasing Lowers Your Car Ownership Costs
Novated leasing is an effective strategy to minimize car ownership costs by leveraging tax advantages and consolidated payments …
Novated Lease Australia: A Complete Beginner’s Guide by Novated Finance Australia
Novated leasing is a smart way to finance a vehicle while enjoying tax savings and convenience. This guide explains how a novated lease works, its benefits …
Car Allowance in Australia 2025: Exploring Your Best Options
Car allowances have become popular in Australian workplaces, providing employees with greater flexibility and financial assistance to manage their vehicle-related expenses. With many options available …
Is Salary Packaging Worth It in NSW Health?
For NSW Health employees, salary packaging offers a significant opportunity to increase take-home pay by reducing taxable income. This financial benefit is not just a bonus; it’s a powerful way to make the most of your salary.
How Much Will I Save on a Novated Lease?
A novated lease can lead to considerable financial savings, largely due to the tax benefits it provides. When structured as a salary packaging arrangement, a novated lease enables you to pay for your vehicle using pre-tax income …
Is Novated Lease Only for New Cars?
No, a novated lease isn’t restricted to new cars—it can also apply to used vehicles. This flexibility allows you to choose a car that fits your budget and preferences, whether it’s fresh off the lot or slightly older.
How Does Leasing a Second-Hand Car Work?
Leasing a second-hand car offers a cost-effective alternative to new car leases, with lower monthly payments and access to newer models. Here's how it works and what you need to know before opting for this arrangement.
How Do Novated Lease Companies Make Money?
Novated lease companies generate revenue through various streams, providing a convenient and tax-effective option for employees to lease vehicles while ensuring profitability for the company. Here’s a breakdown of how they make money.
Understanding Monthly Payments in a Novated Lease: A Comprehensive Guide
So, you're considering a novated lease but find yourself wondering, "How much will I be paying each month?" It’s a common question and, frankly, one that can feel overwhelming at first glance. Don't stress—you're not alone.
Who Owns the Car Under a Novated Lease?
Under a novated lease, the car is legally owned by the leasing company throughout the lease period. However, as the employee, you have the right to use and possess the vehicle during this time. Here’s a breakdown of how ownership works under a novated lease:
How Does a Novated Lease Work with ATO?
A novated lease is a popular vehicle financing option in Australia that involves a three-way agreement between an employee, their employer, and a finance company.
Is it Expensive to Break a Novated Lease?
Yes, breaking a novated lease can be quite costly, as it typically involves a range of fees and financial obligations. Let’s break down the expenses you might face when terminating your novated lease early.
Is Novated Lease Worth It for High-Income Earners?
For high-income earners, a novated lease can be an excellent financial strategy, especially considering the potential tax savings and access to fleet discounts. Here are some reasons why a novated lease may be worth considering if you're earning a higher salary.
Is It Worth Getting A Novated Lease?
Whether a novated lease is worth it depends on your personal financial situation, employment stability, and vehicle needs. Here are some factors to help you decide