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novate@bility

Remote Area Travel

Remote Area holiday transport is available to employees, who work in remote areas, subject to the following conditions being met; The employee must work in a remote area; The transport is provided to enable the employee and family members to have a holiday of not less than 3 days; Employees must use the transport during…

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novate@bility

Fleet Buying Power

Using a novated lease gives you fleet buying power – Have a look at some of these savings When you decide to salary package a new vehicle, there are two very significant savings you can achieve upfront. You can gain access to our fleet buying power, saving you THOUSANDS. Below are some vehicles we have…

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novate@bility

Is Lease Protection Insurance going to work for you

Lease protection insurance is taken out when you buy your vehicle through a novated lease. Its primary objective is to protect you in the event of involuntary unemployment or an accident that renders you incapable of performing your nominated occupation. In the event of involuntary unemployment the policy will generally: pay the monthly lease payment…

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novate@bility

How I saved 42% of my service bill

Why vehicle maintenance approval makes absolute sense Two weeks ago, I had the pleasure of taking my car in for a major service. My partner dropped the car off but she called later that day to tell me the service was quoted at nearly $7,000. I was very surprised. The first question I asked was:…

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novate@bility

You don’t have to pay more than $1L for fuel

With pump prices per litre hovering around $1.65 for premium and $1.43 for regular, many people use shopper dockets to save a few dollars. But with novated leasing you could be paying just 87c per litre. Using a novated lease to manage your motor vehicle is one of the smartest ways to save on tax…

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novate@bility

Getting a second opinion could save you thousands

It’s well-known that an absence of competition is not good for consumers — a monopoly will only lead to higher prices. I had the distinct pleasure of reviewing a competitor’s novated lease quote last week and what I saw was nothing but cowboy behaviour. To make matters worse, the employer did not allow employees to…

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Benefit@bility

Remote area benefits can save you thousands

If you or your employees work in a remote area, there are a number of tax incentives that may be available. Benefits that can be packaged include: 100% of your mortgage interest for the residence you live in as well as only half the amount you package attracting Fringe Benefits Tax (FBT). 50% of the…

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Benefit@bility

Relocating? You can save with Pay@bility

Australia is a big country, meaning moves — interstate, between cities and from elsewhere in the world — for work are common. There are a number of ways you can save money throughout the relocation process, provided you plan correctly. Pay@bility can assist by managing the salary packaging of relocation expenses to obtain tax savings.…

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novate@bility

What are the benefits of a novated lease?

Throughout the many years I have been involved in the salary packaging industry, this is the question that I’m asked most often. On the whole, novated leases are becoming increasingly popular in Australia, especially when buying a new car. If you are going to buy a new car, there are four key points to be…

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