Learn How Much You Can Save With Your New Car!
Get started on your novated leasing journey by requesting a free, no-obligation quote on your new car.
Small and medium businesses can now access novated leasing with our simplified novated leasing program that allows even a single employee to access the benefits of novated leasing.
Set and forget program
Remunerator manage everything from sourcing the car, negotiating the best price, calculating annual running costs, all administration, and managing your account.
All you have to do is sign off and drive!
Fully maintained novated lease
The price of the car and its operating costs such as fuel, service and maintenance, insurances, tyres, and registration taken out on a direct debit arrangement.
This bundled novated lease payment is direct debited from pre-tax income.
Give employees a payrise at no cost to the employer
A novated lease is owned and registered in the employee's name, not the employers. Therefore there is no risk to your business!
Novated leasing reduces and employee's taxable income; therefore, employers will be paying less in payroll tax!
No minimum number of employees
Our simplified novated leasing program is a great way of rewarding our employees and booting their loyalty by helping them afford their dream car!
Employers can offer novated leasing to even a single employee without costing you a lot of time and money.
What is a Novated Lease?
Novated leasing is the most tax-effective and stress-free way to buy a car. In a nutshell, a novated lease is an easy way to make major savings through buying a car without doing any work.
A novated lease involves a three-way agreement between you, your employer, and the financier administered by Remunerator. We bundle the price of the car and all its associated running costs into one regular repayment. The repayment comes out of your pay before income tax is applied. This reduces your taxable income meaning you'll make income tax savings by getting your new car.
How Does it Work?
Traditionally, novated leasing requires some involvement from payroll to administer the benefit to an employee's pay.
This easily works for larger businesses and organizations that have entire departments dedicated to finance and payroll, but can be challenging for smaller business.
That's why Remunerator has developed a simplified program, NovateMyCar, that allows even a single employee to access the benefits of novated leasing. This involves taking out a novated lease on a direct debit arrangement, which includes the price of the car and its operating costs such as fuel, service and maintenance, insurances, tyres, and registration.
Instead of managing the back and forth of a payfile, the employer and employee simply sign off on a direct debit arrangement. To make it easier, employees can pay for their running costs from a fuel card with funds directly deposited from their salary packaging account.
The employee then drives away in their new car at no cost and no administration to the employer.
Access the Electric Car Discount
Owning and driving an electric vehicle has become much more affordable for Australians following the introduction of the 'Electric Car Discount'.
All eligible electric cars purchased on or after 1st July 2022, will be fringe benefits tax (FBT) free, offering employers and employees thousands in savings each year when driving an EV on a novated lease.
