Keep the Car Your Love and Unlock Tax Savings
Love your current car? You don't have to buy new to enjoy the benefits of salary packaging.
With Remunerator, you can salary package your existing vehicle with an Associate Lease or Sale and Leaseback! This allows you to reduce your taxable income, save on GST for running costs, and keep the car you already drive.
An Associate Lease is an agreement where an associate of the employee (typically spouse or partner), leases an existing or replacement car to the employee's employer. The employer then provides the car to the employee via a pre-tax salary sacrifice arrangement.
This way you pay no GST on your cars running costs including fuel, maintenance, insurance, and repairs. Plus you make all the running cost payments from your pay before it is taxed, so more tax savings!
Who can my associate be?
Your associate can be your spouse, partner, other relative, or family trust.
Does it work with all cars?
Yes! The older the car the better. This is because Fringe Benefits Tax (FBT) is calculated on the market value of the car.
Are you in love with the car you already drive? A Sale and Leaseback is our solution for you!
A Sale and Leaseback is an arrangement that allows you to get the most of the value of you car and maximise on the depreciation.
Remunerator's financier buys the car at an agreed value for cash into your pocket. You buy the car back on a novated lease giving you access to a range of benefits and savings.
