Novated leasing can be an efficient, smarter way to get behind the wheel of an eco-friendly electric car. Payments come out of pre-tax salary, lowering income tax. Novated leasing could be the ideal way to finance your EV purchase! Now is an excellent time to go green! Between FBT exemption and bulk buy discounts available on electric vehicles (EVs), now is an ideal opportunity to go eco. 1. Reduced petrol costs More people are opting for novated lease for eco friendly electric car (EVs) over traditional cars, and petrol costs have decreased considerably as more switch over. You could save approximately $10 per 100km due to using rechargeable batteries instead…

If you’re looking to lease car Adelaide, many options are available. Some of them will give you tax benefits and GST advantages and allow you to modify your car. Others will offer you a flexible repayment schedule tailored to fit your lifestyle. Novated leasing is a three-way agreement between you, your employer, and a financier. Novated leasing works by setting up a three-way agreement between you, a finance provider, and your employer. You agree to pay a set amount out of your pre-tax salary to pay off the debt. In exchange, your employer pays the running costs of the car. The agreement also lowers your employment tax liability. With Novated…