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What is car
salary packaging?

An employee benefit,that benefits the business.

What is car salary packaging?

Car salary packaging is where a novated lease is used to package all the costs of an employee’s car, into their salary. The employer pays for the car (finance, insurance, fuel, servicing & repairs) and then recovers the costs from the employee’s salary, much of it before tax. It’s the most financially powerful employee benefit around, and it can also reduce your company’s payroll tax, at no cost to the business.

What are the benefits of car salary packaging?

It helps increase employee engagement
It reduces your company’s payroll tax
Your employees will save $5,672 a year
You’ll be more competitive in the fight for talent
Salary packaging cars is free for the business!

Are my employees eligible to salary package their cars?

If your employees receive a salary and pay tax through the PAYG system, then yes, they’re eligible to salary package their cars.

  • No business use required
  • Package a new, or used car
  • Package two cars
  • Package a car they already own

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