Novated Lease Calculator Accesspay. A novated lease allows you to bundle your finance and running costs into one single payment each pay. The employee owns the car, and the employer agrees to make the lease repayments to the financier for that car as a condition of employment.
To achieve the same benefit without salary packaging you would need a gross salary of $0. For leaseplan's best price get a real quote. Using our buying power, you can provide thousands of annual savings.
By Doing This, Not Only Do You Get A New Car, But You Also Benefit From Potential Tax Savings.
In fact, by not using your savings or taking out a car loan, you could save up to $12,000 over the life of the lease†. $450 per service every 15,000kms = $450 per year. However, you may benefit from salary packaging a car (also known as a novated lease).
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However with an ev novated lease, the $1,000 lease and running costs are deducted from your $7,000 gross income to give you a taxable income of $6,000. Most, basically all novated companies will charge a monthly fee to manage your lease. Please call one of our novated lease experts to discuss your requirements further on 1300 888 872.
Not Only Do You Get A New Car, But You Also Benefit From Gst And Potential Income Tax Savings.
See how much you can save by using the novated leasing calculator. Enter your details into the calculator below to find out how. There may be a problem with some of the data you have entered into the calculator.
For An Employee Earning A Salary It's The Smartest Way To Get A New Car.
See how affordable it is. Smartleasing (our sister company) can help you purchase your next car with an easy and affordable novated lease. The obligation for the payment of lease rentals is transferred (novated) from you to your employer for the term of.
Gst Credits (Input Tax Credit), On The Initial Vehicle Purchase (Capped In Accordance With The Luxury Car Limit) Gst Credits On Vehicle Running Costs Including Maintenance, Tyres And Fuel.
Smartleasing is our team of leasing experts who can help you every step of the way. Use our online novated lease calculator to find out how much you could save with an orix novated lease. This calculator provides general information only by using some generic taxation scenarios and some publicly available general material published on the ato's website;
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