Salary Sacrifice for Childcare Workers, Department of Education Workers & Teachers in VIC
You might not already know, but as a department of Education employee, you are eligible for a novated lease via salary sacrifice. If you’re a teacher in Victoria, you can apply for a salary sacrifice car scheme and save money on your pre-tax income!
What is a novated lease? Also commonly referred to as Salary Packaging, a Novated Lease is an agreement whereby your employer (in this case the Victorian Department of Education), agrees to finance your new or used vehicle and its running costs from your pre-tax income. Fleet Network will then facilitate a three-way agreement between you, your employer, and the finance company which in turn, will save you thousands as it reduces your salary prior to tax.
How Does Salary Packaging Work?
Choose your Car (New or Used)
Fleet Network sets up the Lease Agreement
Bundled Finance and Running Costs
Enjoy your new car and save thousands