Want to save on your next new or used vehicle using your pre-tax income? With Fleet Network, now you can! With our salary packaging options, we help people in Sydney, NSW, leverage the power of salary sacrificing to secure a new car.
What is Salary Packaging?
Salary packaging (also sometimes referred to as salary sacrificing) can save you thousands by making payments from your pre-tax earnings. Depending on the amount of money you earn, the financial benefits from choosing salary packaging in Sydney, can be significant. When payments are made before tax, it can help to reduce your overall taxable income, which as a result, increases your take home pay and helps you pay less tax overall.
Whilst we specalise in salary sacrificing vehicles in NSW, salary packaging isn’t just limited to novated car leases, it can be applied to a wide range of other expenses and services too – it all just depends on your employer. Here in Sydney, salary packaging can be applied to super utilities, rent, home loan repayments, cars, and even meals and entertainment.
Examples of Salary Packaging in Sydney, NSW
For an understanding of how salary packaging works in NSW, we’ve shown two real life examples of how salary sacrificing weighs up when choosing to finance your new car.
When it comes to salary packaging, there are no minimum number of kilometers that you need to travel to make significant savings, but for the purpose of these examples we have we have estimated 15,000km over a 5-year novated lease – which represents an ‘average’ package.
Note: Our team can also provide savings and salary packaging figures specific to your needs, simply contact us on 1300 738 601.