TranslateBenefits Hub
Novated Lease
Drive any car you choose - and pay for it (plus all running costs) from your pre-tax salary. Available to employees of any employer type.
Available to
All
employer types
A three-way arrangement that works for you
A novated lease is an arrangement between you, your employer, and a finance company. Your employer takes on the lease and deducts repayments from your pre-tax salary. Running costs can also be bundled in - so one pre-tax deduction covers your whole car.
If you leave your employer, the lease can move with you to a new employer, or revert to a personal consumer lease. We manage the whole process.
All employer types
Who can access it
Any vehicle
Your choice of car
Running costs included
Fuel, rego, insurance
EV FBT exemption
May apply to EVs
One deduction.
Everything covered.
More than just the lease repayment
Lease repayments (pre-tax)
Fuel or EV charging costs
Registration and CTP insurance
Comprehensive car insurance
Servicing and tyres
Roadside assistance
Inclusions depend on your specific arrangement. NSP will confirm what is covered in your package.
Considering an electric vehicle?
From 1 July 2022, eligible electric vehicles may qualify for a full FBT exemption - meaning the entire lease could be packaged pre-tax with no ECM required. Ask our team if your vehicle qualifies.
Things people ask us about novated leasing
Want a detailed estimate? Use our Novated Lease Education Centre →
What our clients say about novated leasing
“Huge thanks to Brett for making the whole salary packaging and finance process so easy, especially as this was my first novated lease. He talked me through everything step by step, explained things clearly, and was always quick to respond.”
Elena Boiarkina
“Todd was seamless from start to finish. Being a busy man and successful business owner he always took my calls, txts and emails were always responsive.”
Troy Stein
Business Owner
Ready to drive your next car pre-tax?
Our team will walk you through vehicle options, indicative costs and EV eligibility - no obligation.
Disclaimer: General information only. Not financial, taxation or legal advice. Eligibility and tax outcomes depend on your employer's FBT status, your income, the vehicle type and current ATO rules. Consult a qualified adviser before making decisions.
