Novated leasing is an attractive salary packaging arrangement that allows you to buy and finance a car while consolidating all running costs into one payment. Local defence force novated lease providers offer great fleet discounts, making the transaction simpler for your payroll officer and saving time and effort when signing the paperwork for this arrangement.

Tax Savings

Novated leasing can be an attractive, tax-efficient way to purchase and operate a car, deducting vehicle costs and operating expenses from your pre-tax income. The defence force novated lease may include fees such as finance, insurance, registration fees, servicing charges, and maintenance.

Tax savings vary, but it may be possible to save thousands off your purchase price and running costs for your car, which could prove immensely helpful if you desire to drive an unavailable or unaffordable model from private market sources.

A novated lease process involves an agreement among your employer to reduce income tax liabilities while accessing GST savings on all car costs, such as purchase price, fuel consumption, servicing and tyre replacement costs. It’s a straightforward way of saving income tax and GST dollars on your car purchase price and related costs such as fuel consumption, servicing fees and tyre replacement expenses.

Selecting a trustworthy novated leasing company is also key to realising maximum benefits from your arrangement. A reliable provider should offer transparent pricing structures and provide a full quote, including all running costs; this will prevent unnecessary features from costing extra or being subjected to hidden admin fees.

Salary packaging your car doesn’t just mean taking out a novated lease agreement; other strategies are available. Please be mindful that salary packaging may attract Fringe Benefits Tax (FBT) and could affect tax concessions or government benefits; in making an informed decision, you should seek independent financial advice.

Flexibility

Defence novated lease is an all-inclusive salary packaging arrangement that enables you to pay for both the purchase price of your vehicle and its running costs like fuel, servicing, tyres and more pre-tax salary. It can help reduce income tax liability while accessing GST savings on its purchase price and fuel, servicing, tyre replacement and more costs.

A defence lease may be ideal for ADF members to find their perfect car without going deep into debt or living off canned beans, making an easy decision, and getting into one fortnightly payment of all payments and running costs!

With ORIX’s national purchasing power and fleet discounts, you can select any new or used vehicle you desire, with costs like registration and maintenance being covered in one easy monthly payment taken directly out of your salary – making budget management simpler than ever!

Customisation

Defence force novated lease is an all-inclusive salary packaging arrangement that enables you to finance the car of your choice and its running costs through regular payments deducted from pre-tax income. It helps reduce income tax while offering GST savings on the purchase price, insurance premiums, registration, fuel/electricity usage charges, servicing, and tyre replacement. Plus, it simplifies payments each fortnight, which helps relieve stress by streamlining monthly spending plans and budgeting more effectively.

In maximising savings, it’s best to work with a novated leasing company that is locally operated and has strong ties with local dealerships. That way, they can offer fleet discount pricing and superior customer service – and choosing the right provider could save thousands in upfront and ongoing costs.

Reliability

Novated leases offer an easy, secure way to pay for a vehicle. Regulated by the Australian Tax Office (ATO) and supported by government policies, you can trust that your novated lease provider – Fleetcare being locally run – will deliver quality service with value for money and exclusive deals during vehicle purchases and ongoing running costs.

Defence Force novated leasing is an all-inclusive salary packaging option allowing you to finance a new or pre-owned vehicle and its running costs from your salary before tax. Offering great fleet discounts and one monthly payment covering insurance, fuel, servicing, and tyre expenses effectively saves thousands while keeping more money in your wallet.