How do you benefit?
- Salary packaging is a great way to reward your people for their hard work at no risk or cost to your bottom line.
- There’s no cost to the business at all.
- Employees pay an administration fee for the service that is set up and automatic through payroll.
- As a result of pre-tax payments to the lease, employees reduce their taxable income
- Offering more to employees can also help inspire confidence and loyalty, as the business is helping them to save money.
- The additional benefits lead to greater job satisfaction & increased retention company-wide.
- The increase in salary package benefits can be leveraged to entice the best talent to your company and can be a key factor to highlight in negotiations.
- Seamless integration of all payroll systems
- Personalised payroll employee login portals allowing access to instant reporting including expected payroll payments, GST reports, and FBT reports.
- Our data is live, accurate and available to you 24/7
- FBT management and reporting
- Consistent savings on all packages
- Our benefits automation software handles all the compliance and benefit administration, so you can focus on your business.
Regarding novated leases:
- It reduces their taxable income,
- Reducing the organisation’s payroll tax
- Reducing worker’s compensation premiums
- Reducing risk
- Increasing your companies bottom line
- With no risk
The more employees that salary package, the more profitable your business becomes.
- Access to more products and services that give tangible financial value to your employees
- We provide personalised tailored strategies to achieve higher employee net remuneration & reduced costs
- We conduct individual face to face or Zoom discovery meetings to educate and maximise the benefits available to them
- We provide a dedicated account manager – We are not a call centre
- Web based application forms for ease and convenience
For businesses that provide company vehicles, novated leases are a RISK FREE SOLUTION with significant time and financial advantages as opposed to maintaining a company fleet.
A Novated lease also provides the employee with a greater level of flexibility and choice regarding the vehicle. This includes the ability to choose a specific vehicle to be used for personal use without restriction, and even let their family and friends drive the car if they wish.
Regarding Novated Leases:
- When employers don’t need to worry about what will happen if an employer leaves.
- All obligations fall onto the employee, including the residual.
- Due to the nature of the arrangement, vehicles under Novated Lease are not calculated as either an asset or liability for the company.