Novated leases for employers - all you need to know
Offer a staff perk without it costing you a cent. We promise it’s not too good to be true.
Want to reward your team by offering them another employee benefit? One that doesn’t cost your business anything, but you can take all the credit?
Our personalised novated vehicle leasing solution gives your team members a new car and may result in a nice tax saving. It's cheaper than giving them a raise, but just as effective.
Give your team yet another reason to love you
With Leaselab, you can become an employer of choice as your employees end up with more money in their pockets without any additional expense to the business. The ultimate “win-win”.
Just quickly, what is a novated lease?
Well, a novated lease is an agreement between you, your employee and Leaselab that enables them to package a car and its running costs (like fuel and servicing) into a single payment that gets deducted from their pre-tax salary each pay cycle.
With thousands of dollars in potential savings each year, it's a real game changer for working Aussies (and makes you the best boss ever).
I like the idea of employee novated leasing. What next?
Simply chat to our novated leasing gurus and we’ll explain how it all works. We’ll do all the hard work and the paperwork. Then you’re free to tell them the good news and bask in the glory!
Who makes the payments for an employee’s novated car lease?
All of their car’s expenses and lease repayments are made by you (the employer) from their pre-tax income. We’ll organise it all with your payroll team so everyone is happy!
How come novated leasing costs my business nothing?
A novated lease gives your staff a way to pay for their next car using their pre-tax income. Their salary doesn’t change, so it’s not an additional expense for your business.
Offer a pay rise that costs you nothing
The ability for your employees to pay for their cars using pre-tax income effectively gives them a boost to their disposable income and acts to maximise the total size of their remuneration package.
So they’ll have plenty more reasons to thank you!
Download the ultimate guide to novated leasing. Free, of course.
For Employers
Get up to speed on all things novated leasing and put yourself in the driver’s seat
At Leaselab, we know everything there is to know about novated car leasing and we’re here to make it easy and accessible for everyone. We pride ourselves on being helpful, so here are a few things to help you along the journey.
Shoot us a message
Get in touch with us today and we’ll get back to you ASAP. We’re all about service, so we’re always keen to help.
Save thousands in tax by driving your dream car
For Drivers
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