As Australians continue to look for more sustainable forms of travel, many have turned to electric power. The adoption of electric cars have supercharged (pun-intended) following the introduction of the electric car discount.
Anyone that has commuted to and from work in the city, will have noticed that electric bikes have skyrocketed in popularity too. Especially with cities and workplaces becoming more e-bike commuter friendly.
Remunerator presents a tax-free solution to make your journey smoother and more enjoyable.
With the option to salary package e-bikes, you can avoid traffic jams, parking issues, and enjoy no-sweat exercise, all while saving on taxes. Let’s delve into what makes this option so attractive and beneficial for your daily commute.
What Are e-Bikes?
E-bikes, or electric bicycles, are a fantastic blend of traditional biking and modern technology.
These bikes can be ridden just like a regular bicycle but come with the added benefit of electric power, meaning you can ride without the worry of arriving sweaty at your destination.
E-bikes are ideal for navigating through city streets, and they eliminate the usual parking headaches. Many workplaces are encouraging cycle to work initiatives by introducing bike parking stations.
Not only does this promote a healthy lifestyle for employees, but also helps organizations achieve their environmental goals.
Depending on the bike model you're looking at, e-biking can add up to a costly exercise (pun-intended again).
Remunerator offers a comprehensive novated leasing solution for e-bikes, which can range in price from $3,000 to $10,000 or more. This makes it easier to afford a high-quality e-bike without the financial strain.
What are the Benefits of Novating an e-Bike?
- Avoid Traffic Jams: Breeze past congested roads and traffic lights. Anyone that has biked before has certainly felt the superiority that comes with wizzing past all the traffic!
- No Parking Hassles: Easily park your e-Bike almost anywhere. Your office may have a dedicated bike parking station already!
- Tax Benefits:
- Income Tax Savings: The cost of the e-Bike is deducted from your pre-tax salary, reducing your taxable income and resulting in lower income tax.
- FBT Exemption: e-Bikes are exempt from Fringe Benefits Tax (FBT).
- No-Sweat Exercise: Arrive at your destination fresh, thanks to the electric assist.
- GST Savings: You may also avoid paying GST on your e-Bike.
- All-Inclusive Maintenance: Regular deductions cover all maintenance, ensuring your e-bike stays in top condition.
How Does it Work?
Getting started with salary packaging an e-bike through Remunerator is straightforward:
- Enquire for a Quote: Simply request a quote through our online portal here.
- Consultation: Our consultants will reach out to discuss your e-bike options and provide a free, no-obligation quote.
- Enjoy the Benefits: Once you choose your e-bike or e-scooter, you can take advantage of all-inclusive maintenance, annual budgets for repairs, and significant tax benefits.
What’s Included?
Remunerator’s salary packaging for e-bikes is designed to be comprehensive and flexible, offering:
- A wide range of e-bikes (either Sparque or self-sourced)
- Lease terms ranging from 1 to 4 years
- High-security, insurance-backed locks
- Insurance against theft and repairs
- Comprehensive service and maintenance packages
- Essential accessories like lighting sets
- Roadside assistance in selected areas
Get Started Today
Salary packaging an e-bike or e-scooter through Remunerator is not just a smart financial move; it’s a step towards a healthier, more sustainable lifestyle.
Enjoy the freedom from traffic, the convenience of easy parking, and the peace of mind that comes with knowing your commute is both eco-friendly and economical.
Ready to transform your daily commute? Contact Remunerator today for your free, no-obligation quote and take the first step towards a smarter, greener way to travel.