It’s that time of year again.
The End of Financial Year is just around the corner, and while most people are scrambling to find receipts or book in last-minute tax appointments, the smart ones are already winning.
How?
They're using this moment to offer their teams something with lasting impact: more value from every paycheck.
Enter PayRise, the salary packaging and novated leasing program that gives employees more, without costing your business more.
If you're a business owner looking to attract and retain talent, boost morale and stay competitive, EOFY is the ideal time to roll it out. Here's why.
It’s a Win-Win, Especially Right Now
With salary packaging, employees can use pre-tax dollars for everyday costs like their car, and it's related running costs.
That means more take-home pay without needing to increase salaries. And for business owners? There’s no additional cost.
By launching PayRise before June 30, you're helping your team maximize their tax-free cap for the current FBT year.
Every dollar they can package before the reset gives them a financial leg-up, and shows them you're a business that rewards its team.
Smart Timing Makes You Look Smarter
EOFY isn’t just about compliance.
It’s a moment employees already associate with tax savings and financial decisions.
By introducing PayRise now, you’re meeting them at exactly the right time; when they’re most engaged in finding ways to stretch their income.
A simple, timely communication about the benefits of salary packaging or novated leasing can cut through the noise and show your team that you’re one step ahead.
Support Financial Wellbeing Without Lifting Payroll
As cost-of-living pressures continue, your people are looking for ways to make their money go further.
Offering PayRise gives them a meaningful way to reduce financial stress, without requiring a pay increase from your end.
This builds loyalty, supports mental health and boosts retention. All from a benefit that’s proven to work. It's the kind of value-driven leadership that separates great employers from the rest.
There’s still time to help your team to take advantage of EOFY novated lease deals. It’s a conversation that’s best had now, before dealership stock runs low and the calendar flips to July.
And if they’re eyeing an electric vehicle, the current government exemption on FBT for eligible EVs is a golden opportunity. Bundling that into a novated lease? That’s where real savings are made.
At Remunerator, we help SME owners introduce PayRise in a way that’s simple, compliant and high-impact.
There’s no messy admin and no cost to your business. Just a smarter way to reward your team and show them their future is with you.
EOFY is when the best business leaders make their move. Make yours.