Employee Information
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At Fleet Network our sole interest is in helping you get the car you want, at the best price possible.
That's it.
Firstly, you save by coming to us because we know the dealers, Australia wide, and can broker the best deal possible. But, secondly you save even more money because of the way you buy the car – through salary sacrificing.
What is salary sacrificing and how can it benefit me?
Despite the negative sounding name, salary sacrificing is in fact a financially savvy way of purchasing your new car. The way it works is very straightforward. Once we find your ideal car, it is purchased with a novated lease. This lease is then paid back directly from your salary - but it is deducted from your salary before tax is calculated, thus reducing your perceived income and in turn reducing your tax bill.
So, by "sacrificing" a portion of your salary each month towards the cost of your car you are in fact reducing your taxable income and saving yourself money. Have a look at a couple of examples to see how this works in practice.
The Fringe Benefit Tax (FBT) you pay against this purchase can also be reduced by contributing to the operating costs of the vehicle with post tax income. This is called the Employee Contribution Method (ECM) and is explained in more detail in the FAQs.
Can anybody salary sacrifice?
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The simple answer is yes. If you are a government employee you are already able to arrange a novated lease for salary sacrificing through your employer. Give us a call on 1300 738 601 and we will help you get started.
If you are a non-government / private employee you can still arrange a novated lease to salary sacrifice and enjoy the benefits of these savings. Check with your employer to see if they have already contacted us to arrange a scheme for you (if not send them to our Employer Information page to find out why they should!) or give us a call on 1300 738 601 and we can help you arrange your own novated lease with your employer.



