Novated leasing (salary packaging a motor vehicle) is a powerful employee benefit and it can save employees thousands of dollars each year on their personal car by delivering significant fleet discounts, GST and income tax savings, at zero cost to the employer.
There are also substantial benefits for employers by delivering greater value to employees without increasing the wages base, and it can also reduce the company’s payroll tax liabilities.
Join us for an informative webinar session to learn more about what novated leasing is, how it works, and the upside for employees and employers. We will be joined by Greg Parkes, the CEO of Auto-UX to talk through the tangible benefits in relation to the novated leasing, and we will have time following the webinar to answer your questions.
Content we will cover includes:
- Why is novated leasing popular right now?
- Tax incentives to transition from combustion engine vehicles to electric vehicles
- Benefits for employees – fleet discounts, GST savings, income tax reduction and increase in disposable income
- Benefits for employers – improved ability to attract and retain staff, increased employee engagement, reduce payroll tax liabilities and eliminate car FBT liabilities
- Use cases – personal cars, car allowances and replacing company cars with novated lease offering
