Salary Packaging is an arrangement between an employer and an employee, where the employee agrees to give up part of their future entitlement to salary or wages in return for the employer providing benefits of a similar value.
A novated lease may be a tax effective way to finance the acquisition of a new vehicle. Under a novated lease arrangement the employer take over all or part of your obligations on the relevant lease. The cost of the lease including the running costs and FBT payable by your employer are deducted from your salary before tax under an effective salary sacrificing arrangement which can result in lower cost for some employees. You should seek independent advice based on your own personal circumstances.
Our online calculators will give you an indication of the potential savings of entering into a Salary Package for your next vehicle with FleetChoice. You should seek independent advice based on your own personal circumstances.
In addition to the savings you will receive when you salary package your next motor vehicle with FleetChoice you can also benefit from the convenience and ease that comes with budgeting your expenses and utilising our FleetChoice Visa Card for all vehicle related expenses.
Information was current at time of publishing and is subject to change. Testimonials are of individual experiences of customers of FleetChoice and are not necessarily representative of all those who will use our products and services. Information on this website is general in nature and does not constitute financial or tax advice and does not take into account specific financial circumstances, situations or needs. Independent financial and tax advice should be sought. All applications for credit are subject to credit approval criteria. Terms and conditions, fees and charges apply. Before making a decision in relation to comprehensive motor insurance please read the Product Disclosure Statement, Financial Services Guide and Target Market Determination and consider whether this insurance product is right for you . FleetChoice is an Authorised Representative (AR 378491) of the comprehensive motor vehicle issuer Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 23408). FleetChoice may receive financial benefits in connection with its products and services.
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