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I need help with car leasing - I'm thinking of a novated lease. What are the benefits?

I need help with car leasing - I'm thinking of a novated lease. What are the benefits?

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2 answers

user
This is an answer

  • user

    Answer: It does mean that your employer is required to allow salary sacrificing unless if is your company that you can sign off on it. Means any costs that are associated with the vehicles should also be able to be run via the salary sacrificing as well but your accountant can lead you more inj that area. I have used Stratton before but also have a friend, Matt Hornery at Centrepoint Finance (0413 867 196) who does asset finance (incl. novated leases). Let him know I referred you, he is a great guy and located in Brisbane & Gold Coast and has client all around the country.

    • Matthew Denehy
    • 13 Oct 2016
    • 11:40 AM
  • user

    Answer: Hi Rodney - generally leasing allows you to deduct vehicles financing and running costs from an employee's pre-tax income, meaning more in your pocket for you. The car has to be used for business. In terms of what type of leasing is for you, best to speak to a leasing company or broker. Common ones include Stratton, Fleetpartners, Fleetplus and SGFleet. Even other brokers like Mortgage Choice can help you.

    • Angus Woods
    • 18 Sep 2016
    • 05:12 PM
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