A novated lease gives you the option of choosing a new or used vehicle and incorporating the associated operating expenses as part of your salary package.

A novated lease is an agreement between you, the financier and your employer. A novated lease is transferable between employers - giving you flexibility if you do change employment.

When salary packaging a vehicle with a Salpac novated lease, you save money by reducing your taxable salary. This is done by making pre-tax contributions, post tax contributions or a combination of both (Employee Contribution Method). You also save GST on both the purchase price of the vehicle and its ongoing operating expenses.

For further information on how a Salpac novated lease will benefit you, please contact one of our professional consultants on
(03) 9525 2880.

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