Have you ever considered a novated lease? Now that we are approaching the end of the calendar year it is a good idea to put your finances in order. Arranging a novated lease may be a wise investment. A novated lease is a great way to save tax. Imagine buying a car and having the lease repayments deducted from your pre-tax income. Well that’s exactly what happens with a novated lease. It is a method of salary sacrificing.

Want to save more tax? You can also pay for the running costs of your vehicle from your pre-tax income. Running costs include registration, insurance, fuel and servicing. You can also finance your spouse’s vehicle from your pre-tax income and their running costs. This can literally save your thousands of dollars in tax each year.

To see how much you can save in tax each year, you can use our online novated lease calculator. Alternatively, you may wish to speak to one of our professional novated lease specialists. They will be able to answer any questions you may have and guide you every step of the way through a novated lease.