Why offer Novated Leasing?
Offering novated leasing is a simple way to add value to your employee benefits package, at no cost to your business.
At OptIn Australia, we understand employer’s desire to attract top talent and add value to working for the company. By offering Novated Leasing, you are:
No Cost to Your Business
Introducing novated leasing to your workplace comes at zero cost to the business. It’s an easy way to expand your employee benefits package without stretching your budget.
Save on Payroll Tax
Boost Employee Satisfaction & Retention
Helping your employees save thousands on their car costs shows you’re invested in their wellbeing. In turn, you’ll see stronger engagement, loyalty, and long-term retention.
Attract Top Talent
A competitive job market means standing out matters. Novated leasing gives you an edge by offering a meaningful benefit that attracts and retains high-quality candidates.
Your guide to choosing the right leasing and salary packaging provider
Maximise your employees savings whilst ensuring minimal disruption to your core business, here’s how to make sure you choose the right provider!
Salary packaging an novated leasing is a popular option in Australia which allows your employees to use their pre-tax income to pay for particular expenses. This offers real tax benefits and convenience for your staff, however, not all providers are created equal. Picking the right provider is essential to ensure you get the best service, long term support and real savings!
1: Transparency and no hidden fees
The right provider will off clear quotes that outline all costs and fees without any unexpected fees listed in the fine print.
3: Pricing
Whilst novated leasing can deliver great tax savings its important that the provider you choose doesn’t charge high lease fees or any other charges which can erode your employees tax savings.
2: Customer Service
As salary packaging isn’t a one off transaction, picking a provider that can provide great customer service and is responsive is critical. Our recommendation is finding a provider that can offer a dedicated person with a direct line and can turn around claims in 48 hours or less and complete end of lease process within 5 business days.
4: Education
A good provider understands that tax and finance isn’t everyone’s forte. Your provider should offer regular education sessions for staff that explains how it works in a simple and easy to understand way.
Why Choose OptIn?
At OptIn Australia, we make it simple, transparent and provide real benefits. Here’s why more and more Australian companies are trusting OptIn:
Dedicated point of contact for all your staff
Say goodbye to call centres! At OptIn not only do we provide a dedicated point of contact for the company but all of your staff have their own dedicated point of contact!
No Hidden Fees
We provide clear itemised quotes with no hidden fees in the fine print so there are no surprises!
Employee Education Program
At the implementation stage we work with you to arrange a education schedule to ensure every employee can maximise their tax savings!
Trusted by Employers Nationwide
We proudly partner with all different types of organisations across Australia to offer a bespoke salary packaging and novated leasing program.
Want to find out more?
For any questions Contact us on:
1300 959 528 or send us a message
frequently asked question
Question Answer:
If an employee leaves the company, the novated lease is terminated. The employee becomes responsible for the remaining lease payments directly with the finance provider. The employer’s involvement in the lease ends once employment ceases.
Question Answer:
No, the employee is responsible for the vehicle once the lease term ends or if employment is terminated. The employer is only responsible for facilitating payroll deductions during employment, and the vehicle lease is not considered a company asset.
Question Answer:
Yes, some novated leases are subject to FBT. However, the amount of FBT payable is eliminated by using the Employee Contribution Method (ECM), where the employee contributes a portion of the vehicle’s running costs from their after-tax income. This offsets the taxable value of the fringe benefit provided to the employee.
Question Answer:
No, offering a novated leasing program to your staff costs nothing to offer. The employer’s main role is to help facilitate the payroll deductions.
Question Answer:
Yes, OptIn works with employers to provide salary packaging and novated leasing as a sole provider as well as part of a panel.
Question Answer:
With OptIn we provide a dedicated account manager to assist with payroll and accounts to ensure we do all the heavy lifting. Our accounts manager will also coordinate an education program to ensure staff are aware of the benefits and how to access these benefits.
