A defence novated lease is a salary packaging arrangement that bundles car-related expenses (including insurance, registration, fuel/electricity, servicing and replacement tyres) into pre-tax repayments and exempts them from Fringe Benefit Tax. It also reduces income tax and GST. It’s an easy way for ADF members to get the car they…

An electric car on a novated lease can help you save on taxes while also getting behind the wheel of an eco-friendly vehicle. And with FBT exemption for EVs priced under the luxury car threshold of $89,332, its financial case becomes even stronger. Novated lease electric car are also more…