Novated Leasing Versus Loans

Friday, 28th March 2025 5:22 am

A novated leasing arangement is a form of leasing that’s part of your salary package and is negotiated with your employer. However, how is this different from the way that a lot of us bought our first cars? And I don’t mean applying to the Bank of Mum and Dad for an interest-free loan.  I’m t

Questions To Ask When Choosing Your New Car

Friday, 21st March 2025 4:25 am

So your boss has decided to give you a novated lease as part of your new salary package, so it’s off to the car yards you go to choose your shiny new car. That’s one of the benefits of getting a new car through a salary sacrifice deal: you get to pick the car, unlike the case with a bog-standard

I Quit! But What Happens With The Novated Lease?

Friday, 14th March 2025 3:00 am

We’ve all heard those horror stories about bosses who sound like they should have pointy tails and horns and be walking around with pitchforks, smelling of brimstone.  I could tell you the story about a boss who threw a wobbly when an employee phoned in to say he might not be coming in to work th

Under A Novated Lease, Whose Car Is It Anyway?

Friday, 7th March 2025 3:47 am

If your employer has set up a novated lease, or is thinking about setting up one for you, you’re going to have the chance to drive around in a nice new set of wheels – and we hope that you enjoy doing this.  Once all the paperwork is signed and everybody involved in the deal has shaken hands (t

Will Ordering a PHEV by 31st March Still Get You The FBT Exemption Benefit?

Friday, 28th February 2025 4:08 am

  Does Paying a Deposit Before 31 March 2025 Secure the FBT Exemption for PHEVs? Not Quite. If you're planning to take advantage of the Fringe Benefits Tax (FBT) exemption for a plug-in hybrid electric vehicle (PHEV) under a novated lease, you need to be