Educational
What is Novated Car Lease?
Getting a car while in active employment as an Australian is quite easy, thanks to novated lease agreements. So here's how it goes: you lease a vehicle and it's novated to your employer, who makes all the lease payments on your behalf. The perk: the payments give you tax benefits. And not only that, the lease may even cover operational costs, including registration, fuel, insurance, service, and maintenance.
Mar 11th, 2020