Vehicle-Solutions NSW government novated lease is a convenient way to purchase and finance a car, with payments taken from pre-tax salary. It can help lower taxable income and increase disposable cash.

SG Fleet is a novated leasing provider approved to offer NSW government employees competitive pricing, great drive-away prices and GST savings.

Save on income tax.

Novated leases are a tax-effective way for government employees to drive the car they want. Payments are deducted from pre-tax salary, which reduces taxable income and may result in lower tax payments throughout the year. The vehicle can be either fully maintained or non-maintained – fully supported includes all ongoing costs like services, fuel, registration, tyres and insurance, while non-maintained only covers the lease payment and any other expenses the driver chooses to pay for themselves.

You can choose any new or used car* and include all running costs in your novated lease, including budgeted fuel, servicing and tyres, and Vero comprehensive motor insurance. Plus, all payments are made from before-tax salary through salary packaging, which reduces taxable income and increases disposable income.

Novated leasing also provides several other benefits, including FBT exemptions for the car purchase price and running costs. The most important thing to remember is that this information is general, and you should seek financial, legal or other advice tailored to your specific circumstances.

Get a tax-effective way to drive the car you’ve always wanted

One of the most significant benefits of a novated lease is that it allows you to pay for your car and all its running costs with money from your salary before tax. It can significantly reduce your taxable income and increase your disposable income.

It can also save you GST on your car purchase price and all the running costs, including fuel, servicing, tyres and insurance. All these savings add up over time and can significantly impact your bottom line.

Using your novated leasing policy, Maxxia can find you the new car you want and negotiate the best possible price that doesn’t include any GST or upfront fees. We’re experts at this and can help you get the vehicle that fits your lifestyle, needs and budget.

A novated lease is an innovative way for government employees to buy and run a new vehicle. It’s an alternative to buying a car through an ordinary finance arrangement and could save you thousands. It’s essential to seek legal and financial advice tailored to your circumstances.

Get an excellent drive-away price.

In a novated lease, your employer takes the cost of your new car and its running costs from your pre-tax salary. It reduces your taxable income and gives you greater buying power. It also allows you to save on GST, which may help you avoid bill shock when organising the car’s ongoing expenses like fuel, servicing, tyres and insurance.

If you want a new car but don’t have enough money to pay it upfront, a NSW government novated lease can be the perfect solution. You can salary package your vehicle and its running costs, with all payments made via payroll deductions each fortnight. It can reduce your income tax and help you manage your expenses with more peace of mind.

You can choose a fully maintained Vehicle-Solutions NSW government novated lease, which includes the vehicle lease amount plus all ongoing costs such as fuel, servicing, registration, tyres and Vero comprehensive motor insurance. Or you can go with a non-maintained option, which only includes the lease amount.

A novated lease can also save money by avoiding Fringe Benefits Tax (FBT), usually paid on other vehicle purchase options such as cash or finance. Your novated lease provider can help you calculate your potential savings and provide advice. You can even transfer your novated lease to a new employer, provided they allow novated leasing. However, speaking to a financial adviser before you decide is best.

Get a tax-effective way to manage your maintenance

The cost of running your car, like fuel, servicing, tyres, and registration, can quickly add up. A novated lease bundles all these high annual costs into one affordable, regular payment from your pre-tax salary, meaning you can save on income tax.

Two main types of novated leasing agreements are fully maintained and non-maintained. A fully supported novated lease includes all the car’s operating costs in your fortnightly payment (apart from the loan payments), allowing you to avoid paying FBT and potentially reducing your taxable income even further.