Your Source for Finance Tips
Trusted experts in novated leasing, car finance, equipment finance, and insurance, delivering tailored solutions with professionalism and ease.
Your Source for Finance Tips
Trusted experts in novated leasing, car finance, equipment finance, and insurance, delivering tailored solutions with professionalism and ease.
Some good news post April1 for PHEV buyers
If you were one of the many people left feeling a bit ripped off when plug-in hybrids (PHEVs) got booted out of the FBT exemption for novated leases on April 1 — you're not alone. That change hit hard. But, there’s at least some good news for PHEV owners on the home...
Essential Maintenance For Your Lease Vehicle
Congratulations: the boss has approved a salary sacrifice deal for you that will allow you to get a new lease vehicle – a great perk for you without making things awkward at tax time by putting you into a new tax bracket. Now, the fine print of what’s involved in a...
Are You Ready To Lease An Electric Vehicle?
If you’ve been considering getting a new car under a novated lease scheme, you’ve probably already heard that if you get an electric vehicle, there won’t be any fringe benefit tax involved. Sounds like a great idea to get an EV, right? But before you head on down to...
How To Strain The Alphabet Soup When Buying A New Car
Well, congratulations to you now that your boss has approved the salary sacrifice. You’ve been dreaming about buying a new car for a while, and with a novated lease, you’ve got the chance to do just that. It’s a lot better than being provided with a company car; OK,...
The Pros and Cons Of Electric Vehicles
At the time of writing, electric vehicles (EVs) that are part of a salary sacrifice package (novated lease) are exempt from fringe benefit taxes in Australia. This might be enough for you to pick one if your boss has decided to offer you this sort of deal. However,...
News Archive
What new car models (EV’s) released in 2025 get the FBT exemption?
So, if you've been considering a novated lease, no doubt you've found out that EV's under the LCT threshold qualify for an exemption from FBT. Meaning seriously huge savings vs any other type of financing (yes even if you've got $70K cash burning a hole in your...
Relax, Everybody!
Just when we thought we were getting the hang of what was going to happen with the new fringe benefit tax system, and those of us who were lucky enough to go ahead and get a car through a novated lease scheme (thanks to our employers) were learning how to go about...
Business or Personal?
The recent changes in the rules about Fringe Benefit Tax will mean that all vehicles that are involved in a novated lease as part of a salary package will need logbooks so the people with them pay a fair amount of fringe benefit tax. Your company accountant will...