8 September 2013

As a result of the change of government, the 20% Statutory Fraction method of calculating FBT on Novated Vehicles remains available to all eligible employees.

What does this mean?

Employees have access to the full suite of savings that Novated Leasing provides irrespective of how far the vehicle is driven or how much it is used for work purposes.

Further the impact of those temporary changes has resulted in a slowing of new car demand and a number of overstocked dealerships are offering significant discounts on new car pricing


Novated Leasing provides significant savings to hundreds of thousands of Australians

 

Savings Example

An employee who earns $50,000 to $80,000 a year and leases a vehicle valued at $39,000, can save up to $4,017 each year. That’s $12,051 over the typical three-year term of a Novated Lease.

An employee who earns $110,000 to $140,000 a year and leases a vehicle valued at $39,000, can save up to $4,428 each year. That’s $13,283 over the typical three-year term of a Novated Lease.

 

Don't you want some of those savings?

 

Act now and don't miss this opportunity. Contact sgfleet today on 1800 743 262 or novatedsales@sgfleet.com to start the process of getting your new car.