An impactful reward for your people
Novated leasing could be the deciding factor when it comes to attracting and retaining talent. That's how Leaselab helps build stronger teams for Australian employers.
No exclusivity, no lock-in contracts
Why? Because we don’t need a contract to keep you and your team working with us - we let the value we add and the customer service we deliver do the talking. Plus, your employees should have the choice to pick a provider they like, so if we consistently deliver outstanding experiences then your team will naturally want to work with us. And not because they legally have to - but because they want to. That's what makes it a genuine reward.
Novated leasing is only a benefit if your team has a good experience
We put your team at the centre, because this is meant to be a reward for them. And we’ll spend every single day focusing on how to make their life easier, better and more memorable.
That's why we've built the best customer service team in the industry, and the data supports our belief:
- Our phones are answered in under 60 seconds
- All emails are responded to within 24 hours
- Reimbursements are paid within two business days
The company we keep
A genuine reward for your employees
A meaningful, tangible reward
A new car is something your employees can see, feel and touch. It’s a physical representation of your appreciation for their work that they can enjoy every single day.
Give a pay rise that costs you nothing
A novated lease can save your team thousands in tax every year, plus thousands more in GST on their car and its running costs. It’s like giving your team a big pay rise - without spending a cent.
The industry's best customer service
We're proud of our customer service, and the numbers speak for themselves. Our phones are answered in under 60 seconds and all emails are responded to within 24 hours.
Increased choice, increased happiness
Don’t lock employees into a company car. Novated leasing is a more valuable benefit because it offers your team greater personal choice and the chance to drive their dream car every day.
The rewards go beyond novated
We’ve partnered with Beny, a revolutionary employee benefits app, to offer your team more ways to improve their financial well-being. It could save them $500 in living costs each year!
Exclusive partner offers
We have partnerships with Engie, Amber, MotorOne and many more, giving your team access to exclusive discounts on energy bills, vehicle chargers, solar installation and vehicle upgrades.
No hidden management fees or costs
Small monthly fees add up over the life of a lease, negating a big chunk of the tax savings. That’s why we keep our fees low and 100% transparent - to maximise savings and minimise surprises.
Access to fleet pricing
We offer your team fleet pricing on cars, which means they'll save thousands of dollars on the retail price of the car. It's yet another financial benefit your team gets from a novated lease with Leaselab.
Personalised pricing and tax outcomes
We tailor each and every quote we put together to ensure we've accounted for the individual’s circumstances and needs. We budget with your employees, so they can afford their dream car.
And it helps the company, too
Empower staff, elevate the company
Novated leasing is an impactful reward for your employees by boosting satisfaction without adding a cost to your business. It's a win-win to support your employees and strengthen your business.
Size doesn’t matter
From SME, to ASX-listed, to government bodies - our flexibility allows us to service companies big and small, delivering a tangible reward for their teams that improves their financial well-being.
Boost your cash flow
Offering novated leasing improves cash flow by lowering your overall payroll tax liability, superannuation obligations and WorkCover premiums. It's a great way to free up more capital.
Attract the best talent
Everyone is looking for an edge to lure the best talent. Novated leasing can make remuneration packages larger, more comprehensive and more attractive - without hitting your bottom line.
Improve your retention rate
Novated leasing is both a financial and lifestyle benefit that improves overall satisfaction and reduces turnover rates by making your employees feel valued and appreciated.
Reporting and visibility
As a tax product, in-depth reporting is a must-have for any business offering leases to their employees. We share regular reporting, including reports that demonstrate $0 FBT liability.
Download the employer's guide to novated leasing. Free, of course.
Testimonials
Jon Murray
Silanna
“We needed to be hand-held in learning even what questions to ask when exploring novated leasing for our employees. In this respect the efforts and professionalism of Leaselab shone above the competitor companies.”
Steve Gard
Benchmarcx
“Having just leased a car through Leaselab myself, I was blown away by the quality of service. We lost out cars in the floods and Leaselab was so empathetic and understanding helping us move along the process so quickly. Would highly recommend to any employer.”
Tom Allan
Fulton Hogan
“Leaselab has being providing exceptional novated car leasing services to Fulton Hogan and its employees over the years. This quality service is based on Leaselab’s firm commitment to support our employees throughout the entire process.”
A novated lease sounds pretty good, right?
That’s because our process is 100% cash-neutral for your company and the financial commitment for the lease contract remains with the employee, not your company. All you need to do is sign off on the lease and we take care of the rest. Our innovative customer portal will pair your employees with a designated point of contact to ensure everyone’s experience is as smooth as possible. That’s why offering novated leases through Leaselab is a no-brainer.
Download the employer's guide to novated leasing. Free, of course.
FAQs
As the employer, am I liable for anything in relation to a novated lease?
The financier agreement is signed by the employee, not the employer. There’s no liability to the employer for the finance contract, and the employee retains the liability to pay the lease if they leave. You simply agree to make payments on the employee’s vehicle from their pre-tax income whilst they are employed by you.
What is the financial cost to the company of a novated lease?
With a good novated lease provider, novated leasing is a cost neutral process for employers - that is, it won’t cost anything to offer. Some providers may include employer management fees, so ensure you check this before selecting a provider.
Is there a fringe benefits tax (FBT) liability for the company?
You should seek a provider that strives for $0 fringe benefits tax (FBT) liability for your company and knows how to offer the most cost effective FBT solution. It’s also important to ensure the provider shares full FBT reporting to demonstrate the $0 liability.
What happens if my employee leaves, or if I need to let them go?
The novated lease lives with the employee, so should they leave, they take the novated lease with them, and are liable to make payments themselves until they find a new employer. There is no liability to you as the employer and you won’t be responsible for anything in order to transfer the lease to their new employer.
Will I be locked into a contract with a novated lease provider?
When selecting a novated lease provider, look out for lock-in contracts, additional fees, and whether you’re asked to agree to and sign anything other than a basic obligation to make payments for an employee as part of payroll. If flexibility is a concern for you, make sure you find a provider who clearly leaves full control in your hands. Done right, this service should take almost no time and cost you nothing at all.
Connect with Leaselab
Learn about how novated leasing can add value to your employee benefits today! Our specialist team will support you through the process.
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