Sort by :

No GST Payable on Vehicle Salary Packaging

Many employers and employees are still unclear about what salary packaging is, and what the benefits are of these arrangements. One of the key advantages of buying vehicles and making other large scale purchases through salary packaging is the tax benefits that can be enjoyed. Tax benefits of novated leasing Purchasing a car through a novated lease can work out much cheaper for employees, as the finance company leasing the vehicle is usually liable to pay GST. This means that vehicle owners can benefit from a flat 20% of taxable deductions when making payments, provided the vehicle is used for business in some capacity. Employers can also claim GST credits when offering novated leases to their employers through financiers, which can also involve a fringe benefit. Other salary packaging benefits When you arrange a novated lease, you can also enjoy tax benefits when paying for your car’s running costs, including fuel payments and maintenance. All of these standard running costs may be covered by a fuel card, which offers a single, convenient Read More

Salary Sacrificing Through Your Employer

Finding out how to salary sacrifice at your organisation and informing your employers of the mutual benefits of these arrangements could allow you to benefit from novated leases and other tax efficient purchases. Benefits for employers Many employers now offer salary packaging to their staff, and failing to do so could mean companies lose out when trying to attract the best candidates for job positions. Employee satisfaction is one of the key advantages of offering salary sacrifice options to workers, as providing this level of flexibility and independence to employees can make them feel valued. Through novated leasing, businesses can also ensure that their employees have access to transport without having to invest in a company fleet. Benefits for employees Employees can avoid losing money to tax when making use of salary sacrifice through their employers or by dealing directly with financiers. Novated leasing allows employees to set aside part of their regular salary towards the cost of purchasing a new vehicle without paying GST, and this lease is fully transferrable even if you’re Read More

Salary Packaging: How Much Can You Save?

Arranging salary packaging options such as novated leasing with your employer can make paying for vehicles and other large-scale purchases more affordable, as you won’t lose money to tax. Cost benefits of salary sacrifice Salary sacrifice refers to agreements between employers and employees to convert part of the employee’s cash salary into benefits of equal value, but which can provide greater remuneration benefits to the employee as they will not lose as much of their income to tax. Salary sacrifice agreements are not compulsory, and are entered into at the employee’s discretion. Salary packaging examples Comparing salary sacrifice arrangements with personal financing, the financial benefits of the former become clear. One example would be a novated lease taken out to pay for a vehicle over five years, which would typically save the lessee more than $10,000 over the period in terms of income tax losses avoided. For higher value vehicles, for example a new Toyota Prado GXL Auto Petrol Wagon, salary sacrifice could save the lessee more than $19,000 over five years. Novated Read More

What Is Gap Insurance?

When you buy or lease a car, you need to carefully think about the type of insurance you take out to cover the vehicle, otherwise you may risk being underinsured in the event that you’re involved in a road accident or other incident. This video from Money Talks News explains what gap insurance involves, and situations in which this insurance option can be beneficial. Gap insurance can be particularly useful for people who are buying or leasing new cars, as this type of insurance covers the vehicle for its original worth, as opposed to the market value. When you consider that the value of a car typically drops significantly as soon as it’s driven out of the showroom, gap insurance can be an appealing prospect for cautious motorists who don’t want to end up out of pocket if the worst happens. Gap insurance reduces a motorist’s financial risk, but may not be required by all drivers, especially as the risk of vehicles being totalled in their first year is relatively low. Read More

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Your customer service during the leasing process was outstanding, as it was last time. We would not hesitate to lease through Fleet Network again when our lease is up.”

Jason , WA Education

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Everything is going well with my vehicle, I love it. I am more than happy with the assistance that I received during the process and would happily recommend Fleet Network to others.”

Jo-Anne , QLD Dept of Communities

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Everything great with my new car. Customer service was excellent was a pleasure doing business with your company.”  

Theresa , NT Dept of Health

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Yes, everything is going great for this vehicle so please thank Frank Agostino, Vicki Scott, Sasha Carruthers and Tammie Maciejak for all their help.”

Craig , WA Health

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Thanks Jodie, I would just like to say that you have been fantastic with your help through this whole car process and I really appreciate everything that you have done.”

Donna , WA DOCS

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Can I just say that I love driving my new car. Thank you and your staff very much for your assistance. Ann is so looking forward to meeting with you. We are all going to be driving new cars in this office at this rate. Thanks again.”

De , WA Dept of Human Services

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Jodie and Tim were excellent to work with, they helped me understand exactly what I needed to do and Jodie guided me through the whole experience expertly and patiently.”

Sarah , Dept of Education

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“I would like to say a very big thank you to Sean and Sherren for providing me with really outstanding customer service.”

Karen , WA Transport

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Everything is going very well. The whole process was excellent and I am very happy. Thank you.”

Mark , Army

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“I would like to say a big thank you to Sasha who provided me a very valuable service, she has been very patient, friendly and always providing me up dates on my current vehicle on order. I currently work for defence and as you probably do not know our movements can be stressful at times and have requested to have my vehicle delivered to me before the delivery date of December 12. Even though Sasha has been informed by Holden that the said due date will still occur on December 12, she is trying really hard to have this vehicle delivered to me at the earliest opportunity due to my transfer taking place on December 16. Once again thank you and I am looking forward to doing business with you during the course of my lease through Fleet Network and I will highly recommend your company to Defence and to family members.”

Rudsyn , Defence

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“I’d like to thank you and the Fleet Network team for the professional and friendly assistance I received throughout the process and renewing my car. The whole team ensured I knew everything that was happening and a special thanks to the lady who I signed the final paper work with on the hand over day, she was so nice. I have since mentioned you guys and the service you provide to a few of my friends and hope that if they choose to go down this path then they will certainly be looked after. Once again thank you all so much, I will see you all again at the end of my lease for a new one, apparently my son will have his licence by then and has already claimed my car.”

Shirley , WA Education

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Everything is fantastic with my car and the service I have received was great, can’t thank you enough. Thanks Carole, I do appreciate your follow up. Well, so far everything is ok, if I have any queries I will definitely contact you. The customer service was quite good, I was impressed by consistent and up to date communication throughout the process.”

Memory , NT Dept Children and Families

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“I first started dealing with Fleet Network in 2002 when I got in touch and spoke to Matt. I was a bit wary as I had never financed a car this way before but Matt talked me through everything and put me at ease. I told him the things I was looking for in a car and before I knew it he had arrived with a Toyota Corolla for me to test drive. I tested it, he went through the costs, which were almost negligible, and the car has been going beautifully ever since. It’s been passed through the family but Matt was right, it was exactly what I was looking for and has been a great car. Since then I have bought 3 more cars through Fleet Network. I can’t recommend them highly enough – they are really good people, so friendly and they always follow through on their promises. Everyone I know who has dealt with them has commented that Fleet Network really do care.”

Antonio , Department of Education, Western Australia

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“We have a big family and when we first started dealing with Greg from Fleet Network earlier this year he pushed and pushed to get us into a car big enough for us all and one that would work within our budget. He just wouldn’t give up! We now drive a Hyundai iMax, which is perfect for us. We rang him up so many times with questions but nothing was ever a hassle for him. When Greg went on holiday and Jodie took over it was exactly the same – they were phenomenal. They really did go above and beyond what they had to do in order to help us. Would we recommend Fleet Network? We already do recommend them, to everyone. They have been just so friendly and helpful and worked so hard for us. We can’t thank them enough.”

Troy and Karen , State Government Employee, New South Wales

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“This is the third vehicle we have bought from Fleet Network. We keep going back because we get such great service and good value for money from the vehicles we buy. We’ve currently got a Honda Odyssey Luxury, which is a great family car. We always do our own research first and then just call them up and tell them what we want. They source it, give us the price, do all the paperwork and then we just go and pick it up. It’s so simple. The hardest part is choosing the car we want! As to recommending them, anytime we have friends looking for a car we recommend Fleet Network. They’re a good company and everyone we recommend has had a good experience.”

Garry , Department of Indigenous Affairs, Western Australia

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“This is the third car that I have bought through Fleet Network. I change my car every three years and this time I wanted a VW Beetle convertible, my dream car, and there was only one left in Australia. Fleet Network managed to find the car for me and get it sent over from the dealer over east. They were fantastic. They then held onto it for me while I got my other car ready for exchange, a process that was delayed due to hail damage from the storms. There were further delays as things got held up with the insurance company but Fleet Network was brilliant. They kept me up-to-date with everything and waited while I got it all sorted out. I would definitely recommend them. They are really friendly and helpful and everyone I have spoken to has been brilliant.”

Colleen , WA Health, Western Australia

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“Sasha at Fleet Network was exceeding professional and is really looked after me extremely well!!! My first contact was with Steve Asher and then Frank rang me and worked towards satisfying all my requirements! Would highly recommend them to anyone, which I have already done on three occasions already!”

Kevan , Qld Education

SPEAK TO OUR NOVATED LEASE EXPERTS TODAY.

WE ARE DEDICATED TO GETTING YOU THE BEST RESULT.

“The vehicle is everything we thought it would be as it’s our third Santa Fe, second diesel. A lot more refined than the earlier model, none the less both Joanna and myself are very happy with it. Right from the start when we spoke with Tim nothing was too much trouble and if there was a query then our contact persons were only too happy to attend to our questions with the utmost professionalism and courtesy. I have passed on to other staff members your company name and hopefully they will be in touch with yourselves in the future.”

Phil , Corrective Services