What is salary packaging?
Salary packaging, or salary sacrifice, is a way of receiving benefits by way of a pre-tax salary payment. This includes items such as cars, devices and tools.
The benefit of paying for these items with a pre-tax deduction is that you only get taxed on the income received after the cost salary packaged items is deducted. This in turn lowers your taxable income meaning you pay less tax.
What can you package?
SalaryPlan can assist with a variety of salary packaging benefits*, including:
*Salary packaging arrangements are subject to your employer's policies and approval
How to get a novated lease
Choose your car, order it then hit the road. It really is that easy and LeasePlan will help with every step. From understanding the application to getting your car to support on the road.
See how novated leasing worksNovated is a car lease that your employer pays for out of your pre-tax salary.Simply choose the car you want, pay less tax and enjoy cashless driving.
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