The morning commute is one of the most expensive and frustrating parts of the day.
Traffic, rising fuel costs, and parking stress are all part of the routine.
But what if there were a smarter and more sustainable way to get to work; that’s also tax-effective?
Enter: E-bike novated leasing.
It’s a fresh take on salary packaging that’s already changing the way people move.
What is novated leasing of an e-bike?
Novated leasing allows you to lease an electric bike through your employer using pre-tax income.
The cost of the lease; which includes the e-bike, maintenance, insurance, and accessories; is deducted from your salary before tax, reducing your taxable income.
It’s like novated leasing a car, just on two wheels instead of four.
How does it work?
- Choose your bike: You pick the e-bike that suits your lifestyle.
- Get a quote: Remunerator prepares an e-bike estimate that includes all the running costs.
- Employer signs off: Your employer signs a three-way agreement between you, them, and Remunerator.
- Start riding: Once approved, the bike is yours to use straight away, your repayments come out of your salary over time.
Why are people switching to e-bikes?
Sure, the tax savings are great. But that’s only one piece of the puzzle.
People are choosing e-bike novated leasing for broader reasons:
More affordable access to better bikes
E-bikes can be a significant upfront cost, especially if you’re buying a quality model. Novated leasing spreads the cost over time and makes premium bikes more accessible.
Sustainable commuting
Choosing to ride an e-bike instead of driving helps reduce carbon emissions, eases traffic congestion, and supports greener cities.
For those who want to take action on leading a more sustainable lifestyle, it’s a practical step that makes a daily difference.
Better for your health
Even with pedal-assist, riding an e-bike encourages movement and outdoor time. It’s exercise, but on your terms.
Ditch the parking stress
Say goodbye to circling for a spot or paying for city parking. With an e-bike, you’re in and out with ease.
Faster than you think
In cities, e-bikes can actually be faster than cars for short to medium distances. Plus, you arrive at work sweat-free.
Is it right for you?
If your commute is under 15km, or you’re looking to reduce your car usage, an e-bike could be a game-changer. And with novated leasing, you get all the financial benefits without the large upfront cost.
Plus, some employers are already embracing e-bike leasing as part of their sustainability goals and employee wellbeing programs, helping staff save money and move better.
Discover an e-bike leasing program for your organization.