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

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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