FROM $178 PER WEEK
Honda CR-V VTi
$27,536
Tax savings over the term
$14,443
Price Inc. All Running Costs
Australia’s Trusted Salary Packaging Company
Salary Packaging Australia, Australia’s trusted Salary Packaging company, can help you save thousands on the purchase of your new car!
We offer a range of finance solutions, including Novated Leases on motor vehicles, that can not only save you money but also help reduce your tax liabilities.
WHAT IS A NOVATED LEASE?
Which costs can be included in my Novated Lease?
Fuel
Servicing
Tyres
Insurance
Registration
Lease Repayments
Our Current Vehicle Specials
Salary Packaging Australia has a new and used car dealer network that means you will get exceptional service in sourcing your car, as well as huge price discounts on vehicle purchases.
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FROM $300 PER WEEK
Toyota Prado GXL Auto
$56,334
Tax savings over the term
$18,040Price Inc. All Running Costs
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FROM $109 PER WEEK
Kia Picanto S 5 Door
$14,419
Tax savings over the term
$10,877Price Inc. All Running Costs
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FROM $152 PER WEEK
Mitsubishi ASX ES Auto
$22,678
Tax savings over the term
$12,801Price Inc. All Running Costs
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FROM $150 PER WEEK
VW Golf 110TSI Trendline Manual
$22,309
Tax savings over the term
$12,601Price Inc. All Running Costs
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FROM $203 PER WEEK
Mitsubishi Triton GLX+ Manual
$33,112
Tax savings over the term
$15,301Price Inc. All Running Costs
What Our Clients Say About Us
For the Employee
BENEFITS
- Save GST on the price of the vehicle
- Save GST on petrol, maintenance and service costs
- Reducing your taxable income, thus saving you tax every pay cycle
- Extremely competitive pricing on the vehicle of your choice, our buying power means you save!
THE PROCESS
Choose a car
Get an Instant Quote
Let Us Take Care of The Rest
Enjoy Saving Money
FAQ
What is a Novated Lease?
Put simply, a novated lease is a financial agreement between you (the employee), your employer and the company lending you the money to finance your car purchase. You borrow money from the finance company to purchase your car, and your employer arranges to have your regular lease repayments deducted directly from your salary (this is known as salary sacrificing). These deductions are made from your salary before tax is calculated, thus reducing your taxable income and saving you money. You pay less tax!
Do I need to have any business use for my car to use this service or save tax?
No, you do not need to be using your car for business purposes to save tax under a novated lease arrangement. The car is your personal vehicle and is registered in your name.
What are the advantages of a Salary Package with a novated lease?
The main advantage of a novated lease is the potential tax savings employees can make under a novated lease arrangement. These saving will be different for everybody and we urge you to contact our experienced team to discuss your options.
Can I get a novated lease on a used car?
Yes. You do not have to purchase a brand new car in order to enjoy the advantages offered by a novated lease agreement. Some restrictions will apply to the purchase of a used vehicle. Our team will be able to assist you when you are ready.
What happens if I leave my job?
If you leave your workplace before the lease has expired, simply contact us and we can help set you up a new agreement with your new employer.
What sort of car can I buy?
The choice is yours! There are generally very few restrictions on the type of car you can package. At SPA we have built relationships with dealers across Australia to get you the best deal on your new car purchase.
Is anyone else allowed to drive the car other than me?
Yes, of course. Because the car is yours and registered in your name, who you let drive your car is your decision.
How do I work out my savings?
To get an indication of your potential savings, you can use our online calculator. However, to gain a better understanding of the potential savings you can make, contact our friendly SPA team for an obligation free consultation.
Am I able to speak to someone directly to ask questions?
Call SPA on 1300 786 664 and our helpful team will be able to assist you in offering the benefits of salary packaging to your staff. We also have an employer section on our website to give you some general information on how salary packaging works for employers.
What do I do if I lose my fuel card?
Contact us immediately on 1300 786 664 we will cancel your old card and reissue you with a new one.
For the Employer
BENEFITS
- Effectively increasing employee salaries with no additional salary costs to the company
- Raising the value of your company in the eyes of your employees
- Rewarding the hard work of your employees with minimal effort on the part of the company
- Staff retention – reducing training costs due to staff turnover
THE PROCESS
SPA explains the employer’s process
Employer signs off on agreement
SPA takes care of the rest (reports, reconciliation etc.)
Happy Staff = Staff Retention
FAQ
How many staff do we need to have before we can use this service?
One staff member. SPA provides a service to all employers. We have clients with two staff, up to clients with 25,000+.
Does this create extra work for our HR / Payroll and Accounts departments?
In all cases to date outsourcing your salary packaging to SPA or engaging SPA to provide a new salary packaging service has never resulted in extra work, in fact in a majority of cases SPA have saved valuable resources in both the HR and accounts departments by simply removing staff enquiries. A majority of the resources savings is in the removal of all supplier payments (Fuel, regos, insurance, servicing, leases etc.), staff reimbursements and of course FBT and GST reporting. SPA will provide you with a dedicated BRM (Business Relationship Manager) who will be on site when required and always contactable to answer any questions.
How much does this service cost the employer to establish?
Our service comes at absolutely no cost to the employer. SPA charges the employees as they use the service. These fees are clearly printed on each salary package contract and form part of the salary package deductions. In other words the employee will pay SPA an administration fee with pre tax dollars.
What is FBT?
FBT, or fringe benefits tax, is a Federal government tax on employee benefits that don’t form part of their salary (e.g. work vehicle). FBT is calculated each year based on the period from 1 April to 31 March. Employers pay the FBT and then usually charge it back to the employee as an additional pre-tax payment.
Is there a contract between the employer and SPA for this service?
SPA requires a MOU or Memorandum of Understanding. This document clearly and simply states the services we are required to provide to the employer and employees, the requirements on the employers and the requirements on the employees.
