With a Novated Lease, get a car and so much more
Maybe you need a safe and reliable SUV for your expanding family. Perhaps you want a more efficient hybrid for your daily commute to work. Whatever your reason, you know you’re ready to take the leap to securing your new car and want to look at how you could do this while potentially saving on tax.
You have a bit of an understanding of novated leasing — like how you can use pre-tax funds to pay for a new car to reduce your taxable income — and you’ve heard that RemServ could get you a better price using our fleet buying power.
You’ve also heard that you could say goodbye to GST on the sale price of your car, too (up to $5,376.00, anyway).
But there’s much more to novated leasing. Not only can you package the cost of the vehicle, you can also use your pre-tax funds to cover the running costs of that car. This includes things like:
- Repairs, maintenance and servicing
- CTP and rego
- Insurance (premium and excess)
- Sundries (like batteries and replacement accessories)
- Roadworthy inspections and roadside assistance; and
- Car cleaning
That means that you can get that car and drive away with the knowledge that all of those costs could be paid for using pre-tax funds and be exempt from GST. Need a further bonus? There is no limit for the GST claimable on these running costs, either.
Disclaimer: This website contains general information and doesn't take your personal circumstances into account. Seek professional independent advice before making a decision.