With Fleet Network, now you can save on your next new or used car by using your pre-tax income! Our salary packaging options help people in Melbourne and throughout Victoria to leverage the power of salary sacrificing to secure a new car.
What is Salary Packaging?
Also referred to as salary sacrificing, salary packaging can save you thousands of dollars by making payments from your pre-tax earnings. Depending on your current income, the financial benefits from choosing Fleet Network, one of the leading salary packaging companies in Melbourne, as your provider, can be significant. The process is simple – when payments are made before tax, it can help to reduce your overall taxable income.
Salary Packaging isn’t just limited to novated car leases, it can be applied to a wide range of other important expenses and services in your life too – it all just depends on your employer. In Victoria alone, salary packaging can also be applied to popular services and expenses such as utilities, home loan repayments, rent, cars, even sometimes entertainment and meals.
Examples of Salary Packaging in Melbourne, Victoria
For a better idea of how salary packaging works in Victoria, we’ve provided two real life examples of how salary sacrificing weighs up when choosing to finance your new car.
When you choose a salary packaging option, there are no minimum number of kilometres that you need to travel to make your significant savings, however for the purpose of these examples we have estimated 15,000km per year, over a 5-year novated lease period– representing an ‘average’ package.
Please note: Our team can also provide savings and salary packaging figures tailored to your needs, simply contact us on 1300 738 601.