Your employees are valuable so add-value to their pay packet with a benefit that can save them thousands – a novated lease.
A novated lease allows your employees to maximise the money you pay them, with salary packaging (talk about boss of the year award).
By offering staff the opportunity to salary package a novated lease through payroll, your staff can purchase a car using pre-tax dollars. This reduces their taxable income and the amount of tax they pay, making their salary go further and increasing the value of their take-home pay.
Almost like superannuation, Novated Leases have become standard in most remuneration packages, and Fleet Network is here to finance, set-up and manage the car lease for your employees. With dedicated software and systems, we will manage your Employee Program from start to finish. That means no extra payroll work or hassle for you – just a very happy employee!
Think of it as a pay rise for your employees, without the extra cost for you.
It’s a benefit they’ll truly appreciate.
There are even more benefits for you and your employee when you allow them to salary package with a novated lease. Let’s take a look:
You don’t have to be a government employer.
If you’re a business owner with employees, we can help you can set up the rewarding benefit of novated leasing with one simple phone call.
As the employer, you’re responsible for deducting your repayments from your employee’s pre- and post-tax salary. This is why it’s often referred to as ‘salary sacrifice’. It will be a set and forget job, hassle-free for your payroll staff.
Employees leave from time to time, but you don’t have to worry about their novated lease.
All novated lease obligations fall onto the employee, including the residual value.
There will be no asset or liability for your business, we will assist in a smooth transition to the new employer. Then you can just focus on finding a new employee.
No. A novated lease is a three-way lease agreement between an employee, employer and a financier. So, you, as the employer must be involved.
Yes. As the employer, you can claim back the GST on your employee’s novated lease running costs.
Watch our short 90sec video to learn more. Take a look.
We’re ready to help.
Get started today by contacting us here.
We’re ready to help you do it.
Partner with us to provide your staff novated leases and help drive your employee retention and productivity.
Making your employees happy has never been so easy. Get your employees started on the drive to saving thousands with a novated lease and contact us today.
