Save Thousands in Tax by Salary Packaging a Car

As a National Community Care employee, you can save thousands in tax by salary packaging a car. Even if you don’t use the car for business purposes, you can still claim tax deductions through your salary for a new, demonstrator, or used vehicle. These deductions apply to both the finance and running costs of the car.

Six Benefits of Salary Packaging a Vehicle via a Novated Lease:

  • Tax savings: One of the significant benefits of a novated lease are the potential income tax savings. The lease payments are deducted from your salary and reduce your taxable income.

  • Fixed Lease Payments: Unlike a variable home loan or car loan, novated lease finance payments are fixed for the term of the lease.

  • Save on GST:  Pre-tax salary deductions exclude GST so you save more.

  • Fuel / Electricity:  Salary package the cost of your unleaded, diesel or electricity and bank more savings.

  • Maintenance and running cost benefits: Not only can you package fuel / electricity but also registration & CTP, servicing, repairs, tyre replacements, comprehensive insurance, roadside assistance and even car washes.

  • Fleet v Retail: Instead of paying full retail pricing on new and used cars, access our huge network of franchise dealers to secure the best fleet pricing. You also get access to lower costs to service your car through fleet discounts on labour and parts rates.

Some Examples of Novated Leases

Explore a range of popular novated lease options that combine affordability, tax savings, and convenience to suit your lifestyle and financial goals.

Important Information About Novated Lease Calculations and Offers

* Weekly costs have been determined by comparing the post-tax position of including a car through a Novate One vehicle package with no leased vehicle and are based on,

  1. A 60-month term,
  2. A residual value of 28.13% of the vehicle purchase price payable at the end of the term,
  3. Inclusion of finance and budgeted costs for: electricity, replacement tyres, servicing, registration and comprehensive insurance,
  4. Gross annual salary of $90,000,
  5. Vehicle purchased in NSW,
  6. Annual km of 15,000, 7) Salary sacrifice using pre-tax and post-tax deductions.

The novated lease offers are only an indicative approximation and availability on the selected new vehicles and models shown and may change at the time the lease quotation is completed and finalised.

Your individual circumstances have not been taken into account and will affect the overall weekly cost amount and the benefits of a novated lease.

This information is not intended as a substitute for any specific financial and tax advice which you should obtain. Credit criteria fees and charges, terms and conditions apply. These specials cannot be used in conjunction with any other offer. One Car Group Pty Limited ABN 48 626 483 163.