We’re on a mission to help businesses of all sizes offer one of the most in-demand employee benefits, novated leasing, as easily as possible.
Something many businesses miss is that you can help your team (and yourself) take home more money, without increasing salaries or payroll costs.
With Positive Salary Packaging, any business can offer novated leasing as a tax-smart (and ATO-compliant) benefit. It costs you nothing to provide, but helps your people save thousands on their next car.
Currently managing fleet vehicles? There’s another cost you can eliminate by simplifying employee vehicle needs with novated leasing.
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Enquire about novated leasing
Unlock the potential of salary packaging for your organisation. Contact us today to explore custom solutions that drive employee satisfaction and financial wellness.
Common questions
It is possible to switch from a car loan to a Novated Lease. The specifics will depend on the terms of your current loan, any early repayment fees, and the agreement with your leasing provider. Consulting with Positive Salary Packaging will give you a clear picture of the steps involved and any associated costs.
Yes, you can lease a used car using this method. However, the specific terms and conditions might vary based the age or condition of the used vehicle. It’s essential to check with your us for the exact requirements and potential limitations.
No, the Novated Lease Operating Cost Method is different from a Business Operating Lease. A Business Operating Lease is an agreement where a business leases a vehicle for a set period, after which the vehicle is returned to the lessor. In contrast, the Novated Lease Operating Cost Method is an arrangement between an employee, employer, and a leasing company, where the employee can lease their personal vehicle through salary packaging, factoring in a business use percentage for potential tax savings.
Employers can benefit in several ways, including reduced fleet management responsibilities, potential GST credits on operating costs, and the ability to offer an attractive incentive for employee attraction and retention.
Why choose Positive Salary Packaging?
Setup
Positive Salary Packaging integrates with a variety of accounting software. No matter if you’re using Xero, MYOB, QuickBooks or another system, the Positive team ensures a simple ‘set and forget’ setup and integration.
Flexibility without barriers – how things should be.
Support
The Positive team is here to answer your and your employees questions. We understand that concerns and questions arise when it comes to salary packaging, and we’re by your side – online, over the phone or in-person.
Positive provides support before, during and after sales.