Novated Saver is here to help Aussies make the right choice for their novated lease so they can drive their salary further. Our goal is to ensure your employees maximise their tax savings with minimal effort from you!
We understand that employees don’t want confusing, complex quotes and employers don’t need the hassle of time consuming paperwork.
At Novated Saver, we have nothing to hide so everything we do is transparent and easy to understand, with no nasty surprises.
We’re here to support businesses of all sizes help get their staff behind the wheel of their dream car while keeping money in their pockets where it belongs.
We’ll guide the entire process and give you the tools and assistance you need to make it happen. Simple, transparent vehicle leasing for every business!
Why are more people choosing Novated Saver?
- We are one of the only providers in the market to offer non-exclusive one-off leases to any Australian employee – unlike many other providers.
- We don’t have minimum criteria for an employer to utilise us as their novated lease provider.
- Fast, attentive and effective customer service – speak to a real person every time!
- No hidden fees and full disclosure on interest rates – we operate an open book policy and disclose all fees and commissions.
- You get the best quote the first time – our competitive pricing means every employee gets a benefit regardless of income.
- No hidden charges in the amount financed – we don’t make customers finance things that they don’t need!List Item
- Employees can find their own vehicle, or we can find one for them through our robust dealer network.
- Easy lease management for employers and employees with our online portal and dedicated consultants.
- Get the same person looking after your employees through the life of their lease.
- Simple lease management for employers and employees with our online portal and dedicated consultants
Employer F.A.Q.
How does Novated Saver support employees when they sign up?
We’re here to guide and support our customers (and you) through the entire novated lease process. Whether it’s guiding them through the application, finding their car or managing the end-of-lease process, Novated Saver is here to make everything run like a dream.
What info do I need before I apply?
We make sure the novated leasing process is a piece of cake for employers. Our consultants will guide you through the simple steps and be on-hand to answer any questions. Here’s how it works:
- Deduct the money We’ll provide everything you need to arrange the payments, including the employee’s name and payroll number, and the amounts that need to be deducted from their salary. Every pay cycle, these payments will be transferred across to our bank account. Easy!
- Lodge the ITC report via your BAS Each month, we’ll send you an input tax credit (ITC) report summarising the total number of input tax credits your employee has accrued. You’ll need to input the claimable GST in this report into your BAS.
- Report on FBT At the end of the fringe benefits tax (FBT) year, we’ll let you know the total taxable value of your employee’s benefits, as well as everything you need to submit this to the ATO. We’ll be here at all times if you need help.
What happens if my employee leaves?
If your employee leaves their job, they’ll let us know and then choose whether they’d like to transfer the lease to their new job or pay out the remaining lease.
What happens if my employee goes on unpaid leave?
Your employee is only able to salary sacrifice while they’re earning a salary, so you won’t need to deduct or transfer any money for their novated lease while they’re not being paid.